BisB partners with Naseej for Al Basateen project financing

TDT | Manama                                                    

The Daily Tribune – www.newsofbahrain.com

Bahrain Islamic Bank (BisB) has announced its partnership with Naseej BSC, which will offer its customers competitive mortgage financing solutions for the "Al Basateen" project in Al Saya, Muharraq.

One of the key benefits for customers interested in this project is a one-year grace period on their installments, 6 months of which will be provided by BisB and the remaining 6 months will be paid by Naseej.

Fatema AlAlawi, Chief Retail Banking Officer at BisB, said: "This installment grace period is designed to provide our customers with a comfortable and tailored experience." Speaking on behalf of Naseej, Mohammed Al Shaikh, Head of Investments, said, “We are delighted to collaborate with BisB in offering this exclusive offer on Naseej’s residential project, Basateen Villas.

Naseej and BisB endeavour to provide our valued customers with a real estate solution that enables them to make their property purchase easily and flexibly, giving them a grace period to make re-payment orders.”

Al Shaikh added, “Our Basateen Villa Project is located in a developed area within Busaiteen, in Muharraq.” BisB offers its services through a network of 8 branches and user-friendly digital platforms, including online banking and a mobile app.