NBB Signs MoU with Eskan Bank to Support Launch of ‘Tumooh’ Housing Programme

TDT | Manama

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The National Bank of Bahrain (NBB) has signed a Memorandum of Understanding (MoU) with Eskan Bank during Cityscape Bahrain 2025 to support the launch of the new “Tumooh” housing programme, aimed at expanding financing options for eligible citizens in line with the Kingdom’s national housing objectives.

Developed by Eskan Bank in cooperation with the Ministry of Housing and Urban Planning, Tumooh provides complementary financing for individuals who have previously received housing loans under the “Tas’heel” and “Tas’heel+” schemes, in addition to beneficiaries of financing for purchasing residential apartments. The initiative enables eligible recipients to obtain additional financing after ten years or more from their initial support, allowing them to enhance or expand their housing choices in line with their evolving family needs. Commenting on the occasion, Subah Abdullatif Al Zayani, Chief Executive – Retail Banking at NBB, said, “Through our long-standing collaboration with Eskan Bank and the Ministry of Housing and Urban Planning, we continue to play an active role in advancing national housing initiatives. The Tumooh Programme represents an important step forward in helping eligible applicants secure accessible and sustainable housing solutions. This step reinforces our efforts to deliver fast, efficient, and customer-focused financing services that contribute to the success of the programme and support the Kingdom’s wider social development objectives.”

Building on its ongoing contributions to Bahrain’s housing sector, NBB continues to support the Kingdom’s national ambitions for sustainable socioeconomic progress.