Money and business

“Bahrain and Kuwait” allows its customers to own luxury residential units in “Crestview”

Bank of Bahrain and Kuwait, the leader in retail and institutional banking services in the Kingdom of Bahrain, announced the signing of a partnership agreement with Esnad Holding Group, aiming to provide easy real estate financing solutions to its customers wishing to own residential units in Crestview Tower, as part of its keenness to provide unique housing options to its customers that are distinguished by the highest standards of quality and luxury, and contribute to facilitating the real estate ownership journey for citizens and residents through competitive financing packages that suit their different needs.

Within the framework of this partnership, the bank provides its customers, citizens and residents of the Gulf Cooperation Council countries of all nationalities, with the ability to obtain real estate financing with a number of exclusive benefits, including competitive interest rates, various options for repaying the down payment of the financing, in addition to flexible repayment periods, and quick access to financing with simplified procedures.

Crestview Tower is one of the latest “Esnad” real estate projects that was fully developed and managed by the group, as it is located in a vital location overlooking the waterfront near the Sheikh Khalifa Bridge, and includes residential units that were designed in an upscale hotel style that meets the aspirations of Bahraini families.

On this occasion, Mr. Ahmed Taqi, Chief Executive Officer, Retail Banking Services at the Bank of Bahrain and Kuwait, said: “We are pleased to conclude this partnership with Esnad Holding Group, as an extension of our commitment to providing innovative financing solutions as the basic foundation for enabling our customers to achieve their dreams of owning the ideal home. This partnership also comes as a practical translation of our strategy aimed at establishing fruitful partnerships with major real estate developers who offer value-added projects that meet all the needs of individuals and families.”

He added: “Crestview Tower provides a modern lifestyle and unique designs that are in line with the new trends in the luxury housing sector. We are proud to be among the financial partners of this distinguished project by providing flexible financing facilities. We pledge at the Bank of Bahrain and Kuwait to continue our role of being a major partner in advancing real estate development in Bahrain and contributing to enriching the housing file, and providing an exceptional banking experience to our valued customers that suits their aspirations.”

For his part, Engineer Abdul Rahman Al Kooheji, CEO of Esnad Holding Group, said: “Our partnership with the Bank of Bahrain and Kuwait represents a pivotal step to ensure that our pioneering real estate projects reach a wider segment of citizens and residents, as Crestview Tower is considered a model of our residential projects that are based on integration.

Between the quality of development, luxury, privacy and strategic location. This agreement complements our vision of providing integrated housing solutions that enable families to own a home for a lifetime and meet the aspirations of those searching for real estate with long-term value, in continuation of our efforts in shaping the future of the real estate sector in the Kingdom.”

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