The National Bank of Bahrain concludes strategic agreements with a group of real estate development companies

The National Bank of Bahrain (NBB) concluded five memoranda of understanding with leading real estate companies, during its participation in the conference and exhibition of innovation in social housing 2025 during the period from 23 to 25 April at the Bahrain International Exhibition Center. This prominent real estate event brought together a group of the most prominent concerned authorities from the private sector, with the aim of unifying efforts to achieve national aspirations related to the housing file.

The National Bank of Bahrain’s pavilion witnessed the signing of memoranda of understanding with the following real estate companies: Ira, Kayan, Best Luken, Al -Janabbiya Gate, and the Dilmun Gate, which provides for the provision of qualified citizens to benefit from social housing programs, with a broader set of real estate options supported by financing solutions such as: the new “Facilitation+” program. Cooperation with each company will take place to facilitate the purchase of real estate for customers, and to help them own a lifetime house. Accordingly, the bank will expand the portfolio of real estate financing solutions, to include a more varied range of units and vouchers that meet the needs of potential buyers.

Commenting on these partnerships, Mr. Sabah Abdel Latif Al Zayani, CEO – Banking services for individuals at the National Bank of Bahrain, said: “We are pleased to cooperate with a group of leading real estate companies, in a move that reflects our purposeful commitment to facilitate a real estate process for qualified customers within social housing programs. By combining our financing and consulting services and the expertise of our partners in the sector, we will be able to meet the aspirations of citizens to buy a house Age in various parts of the Kingdom is more efficient. “

The strategic approach based on the partnership contracts emphasizes the efforts of the National Bank of Bahrain to simplify the process of financing qualified buyers and enable them to benefit from housing financing programs, in addition to working as a link between customers and accredited real estate developers. The bank also continues to hold partnerships that are in favor of achieving the goals of the Ministry of Housing and Urban Planning, aiming to improve the quality of citizens ’life in the long run.