Manama, Bahrain: Bahrain Islamic Bank (BisB) has signed a joint venture agreement with Royal Ambassador Property Management, a real estate property management company to provide private financing for potential residents of the Fontana Project; enabling both national and expatriate customers working in the Kingdom of Bahrain, or the GCC to buy residential units the real estate development.

"We are pleased to sign this agreement with Royal Ambassador Property Management, which comes in line with our aim to continue to offer a flexible range of financing solutions to suit our clients' needs and help them invest in their future," said Dalal Al Qais, General Manager of Retail Banking, BisB. “Both Bahraini nationals and residents working in the Kingdom will have the advantage of paying only 5% for their residential unit of choice.”

"This agreement will open doors for Bahrainis, GCC nationals and foreigners who want to own our projects, but liquidity has been an issue in the past. We are confident that this cooperation will receive a positive response and a large number of applicants due to the reduced rates and flexible mortgage years,” said Eman Al Mannai, General Manager of Sales and Business Development, Royal Ambassador Property Management.

For more information, please contact the Bank's Call Center on 17515151 or visit the nearest Bahrain Islamic Bank branch or financial malls or through the official website www.bisb.com 

-Ends-

© Press Release 2018

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.