Bahrain Credit launches new furnishing loan

Loan is targeted at Bahraini citizens to help them in buying the right furniture for their new home


Bahrain Credit, a brand name under which Bahrain Commercial Facilities Company (BCFC) conducts its lending business, has launched its newest financing product - Furnishing Loan - mainly aimed at Bahraini nationals who benefit from government housing projects to shift for their new houses.

A leading financial company in the kingdom, Bahrain Credit said the new product will help support government housing initiatives being implemented to provide decent living for Bahrainis.

Announcing the launch at a press conference, CEO of Bahrain Commercial Facilities Company Dr Adel Hubail said: "The product that we are launching today is targeting those Bahraini individuals who have just received housing units over a period of 12 months."

"The loan is targeted at Bahraini citizens to help them in buying the right furniture for their new home. Over and above, this product is providing unique privileges which are enabling them to get furniture, electronic devices, and home appliances with a voucher," stated Hubail.

Bahrain Commercial Facilities Company has signed partnership agreements with a number of leading furnisher and home appliances merchants to provide exclusive sales for the customers, he added.

Senior Vice President Fadhel Al Mahoozi, Head of Branches Network Hussain Al Madhi and other senior officials attended the press conference.-TradeArabia News Service

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