Latest news with #SubahAbdullatifAlZayani
Daily Tribune
25-04-2025
- Business
- Daily Tribune
NBB signs deals with Real Estate Developers
The National Bank of Bahrain (NBB) has signed five Memorandums of Understanding (MoUs) with prominent real estate companies during its participation in the recent Innovation Summit in Social Housing 2025. Held from 23rd to 25th April at the Exhibition World Bahrain (EWB), the Summit gathered key industry stakeholders to collaborate on advancing national housing ambitions. NBB formalised the MoUs at its dedicated stand with ERA Real Estate, Kayan Real Estate, Delmon Gate, Best Location Properties, and Al Janabiya Gate. The agreements aim to offer social housing beneficiaries access to a broad range of property options backed by NBB's financing solutions such as its new Tas'heel+ product. The Bank will work closely with each company to facilitate hassle-free purchase experiences for customers throughout their homeownership journey. Through these collaborations, the Bank will further expand its mortgage finance portfolio to offer a more diversified pool of properties aligned with the financing needs of prospective buyers. Subah Abdullatif Al Zayani, Chief Executive – Retail Banking at NBB said, 'By combining our financing and advisory expertise with the market presence of our partners, we are building a more efficient and responsive ecosystem that supports homeownership aspirations across the Kingdom.'
Biz Bahrain
25-04-2025
- Business
- Biz Bahrain
NBB Signs Strategic Agreements with Leading Real Estate Developers During Innovation Summit in Social Housing 2025
The National Bank of Bahrain (NBB) has signed five Memorandums of Understanding (MoUs) with prominent real estate companies during its participation in the recent Innovation Summit in Social Housing 2025. Held from 23rd to 25th April at the Exhibition World Bahrain (EWB), the Summit gathered key industry stakeholders to collaborate on advancing national housing ambitions. NBB formalised the MoUs at its dedicated stand with ERA Real Estate, Kayan Real Estate, Delmon Gate, Best Location Properties, and Al Janabiya Gate. The agreements aim to offer social housing beneficiaries access to a broad range of property options backed by NBB's financing solutions such as its new Tas'heel+ product. The Bank will work closely with each company to facilitate hassle-free purchase experiences for customers throughout their homeownership journey. Through these collaborations, the Bank will further expand its mortgage finance portfolio to offer a more diversified pool of properties aligned with the financing needs of prospective buyers. Commenting on the occasion, Subah Abdullatif Al Zayani, Chief Executive – Retail Banking at NBB said, 'We are pleased to sign these agreements, each reflecting a shared commitment to simplify property acquisition for eligible customers under social housing schemes. By combining our financing and advisory expertise with the market presence of our partners, we are building a more efficient and responsive ecosystem that supports homeownership aspirations across the Kingdom.' The signing of these MoUs underscores NBB's strategic approach to streamline financing for qualified buyers of government-backed projects and bring them closer to a network of trusted real estate providers. The Bank remains focused on entering partnerships that directly support the Ministry of Housing & Urban Planning's long-term goals to enhance the quality of living for citizens.
Trade Arabia
24-04-2025
- Business
- Trade Arabia
NBB seals strategic deals with top developers at Bahrain summit
The National Bank of Bahrain (NBB) has signed five MoUs with prominent real estate companies during its participation in the recent Innovation Summit in Social Housing 2025. The summit which concludes tomorrow (April 25) at the Exhibition World Bahrain (EWB) has gathered key industry stakeholders to collaborate on advancing national housing ambitions. NBB formalised the MoUs at its dedicated stand with ERA Real Estate, Kayan Real Estate, Delmon Gate, Best Location Properties, and Al Janabiya Gate. The agreements aim to offer social housing beneficiaries access to a broad range of property options backed by NBB's financing solutions such as its new Tas'heel+ product, said the bank in a statement. The Bank will work closely with each company to facilitate hassle-free purchase experiences for customers throughout their homeownership journey, it stated. Through these collaborations, the Bank will further expand its mortgage finance portfolio to offer a more diversified pool of properties aligned with the financing needs of prospective buyers, it added. Speaking on the occasion, Subah Abdullatif Al Zayani, Chief Executive – Retail Banking at NBB said: "We are pleased to sign these agreements, each reflecting a shared commitment to simplify property acquisition for eligible customers under social housing schemes. By combining our financing and advisory expertise with the market presence of our partners, we are building a more efficient and responsive ecosystem that supports homeownership aspirations across the Kingdom.' These MoUs underscore NBB's strategic approach to streamline financing for qualified buyers of government-backed projects and bring them closer to a network of trusted real estate providers, he stated.
Al Bawaba
24-04-2025
- Business
- Al Bawaba
NBB Announces Participation as a Platinum Sponsor in the Innovation Summit in Social Housing 2025 with the Introduction of the New Tas'heel+ Mortgage Financing Product
The National Bank of Bahrain (NBB) will be participating as a Platinum Sponsor in the upcoming Innovation Summit in Social Housing 2025, which will be held in collaboration with Eskan Bank and the Ministry of Housing & Urban Planning. Running from 23rd to 25th April at the Exhibition World Bahrain (EWB), the Summit is an event that brings together prominent real estate developers, financial institutions, and government officials to highlight the latest housing initiatives and property financing solutions available to a longstanding partner in Bahrain's national housing initiatives, NBB will be showcasing its comprehensive suite of social housing finance offerings, including 'Tas'heel+,' an enhanced product developed to make homeownership more accessible to eligible beneficiaries. The solution makes it easier for Bahrainis to acquire their dream homes or land with greater flexibility and confidence. Applicants will also benefit from an exclusive gift for the first 20 clients. Commenting on the occasion, Subah Abdullatif Al Zayani, Chief Executive – Retail Banking at NBB stated, 'The Innovation Summit brings together key stakeholders from the housing sector working to better serve Bahrainis, and we at NBB remain steadfast towards supporting initiatives that contribute to socioeconomic development. 'Tas'heel+' is a continuation of this dedication to simplify the homeownership journey for eligible beneficiaries. We look forward to seeing the positive impact of this product as we continue to bring personalised mortgage financing solutions for our customers.'NBB's participation in the Innovation Summit underscores its position as a key contributor to national housing endeavours and its continuous support for collaborative projects that address the evolving needs of the Bahraini community. © 2000 - 2025 Al Bawaba ( Signal PressWire is the world's largest independent Middle East PR distribution service.
Daily Tribune
14-03-2025
- Business
- Daily Tribune
NBB enchances cross-border home financing for Bahrainis
The National Bank of Bahrain (NBB) has enhanced its Cross Border mortgage financing solution, providing Bahraini nationals residing in Saudi Arabia and the United Arab Emirates with a seamless opportunity to finance their dream home in Bahrain. As part of NBB's dedication to providing comprehensive and accessible housing solutions, we leverage our strong presence in Saudi Arabia and the UAE to assist clients in securing their ideal property in their homeland. Our offerings include competitive interest rates, waived transfer fees, a streamlined approval process, and flexible repayment terms of up to 20 years, ensuring a convenient and efficient property acquisition experience. Commenting on this milestone, Subah Abdullatif Al Zayani, Chief Executive - Retail Banking at NBB, stated, ' This mortgage finance solution provides a convenient and accessible pathway for Bahrainis in Saudi Arabia and the UAE to buy property in Bahrain which reaffirms our role as the national financial partner in the journey to owning a home.' Cross Border Mortgage Finance solidifies NBB as a leading financial institution providing innovative solutions to facilitate homeownership for all, both locally and across the region.
