Bahrain Islamic Bank (BisB) has signed a joint venture agreement with Royal Ambassador Property Management, a real estate property management company to provide private financing for potential residents of the Fontana Project; enabling both national and expatriate customers working in the Kingdom of Bahrain, or the GCC to buy residential units the real estate development.
“We are pleased to sign this agreement with Royal Ambassador Property Management, which comes in line with our aim to continue to offer a flexible range of financing solutions to suit our clients’ needs and help them invest in their future,” said Dalal Al Qais, General Manager of Retail Banking, BisB. “Both Bahraini nationals and residents working in the Kingdom will have the advantage of paying only 5% for their residential unit of choice.”
“This agreement will open doors for Bahrainis, GCC nationals and foreigners who want to own our projects, but liquidity has been an issue in the past. We are confident that this cooperation will receive a positive response and a large number of applicants due to the reduced rates and flexible mortgage years,” said Eman Al Mannai, General Manager of Sales and Business Development, Royal Ambassador Property Management.
For more information, please contact the Bank’s Call Center on 17515151 or visit the nearest Bahrain Islamic Bank branch or financial malls or through the official website www.bisb.com