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Eskan Bank raises $265m for five year plan

Bahraini housing lender Eskan Bank has announced raising a BD100m ($265.3m) loan from the National Bank of Bahrain (NBB), BBK and Ahli United Bank (AUB), to fund its five-year strategy. "Eskan Bank's strategy is to concentrate on supporting the Housing Ministry's efforts and provide housing finance options, in addition to providing affordable houses for citizens," said Eskan Bank general manager and banking operations chief executive, Ahmed Tayyarah.