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NBB Announces Exclusive Offering to Mazaya Scheme Beneficiaries for ‘Danaat Al Baraka’ Project

11th May 2021

Manama, Bahrain: The National Bank of Bahrain (NBB) is pleased to announce its exclusive offering for ‘Danaat Al Baraka’, the latest real estate project by Eskan Properties (a subsidiary of Eskan Bank), as part of NBB’s ongoing strategy to provide its clients with diversified housing options. The national bank will hold a roadshow at the project’s premises in Jannusan, set to take place on Wednesday, May 19, 2021.

The ‘Danaat Al Baraka’ real estate project, located off Al Nakheel Highway in Jannusan, comes with an exclusive financing package, set to be announced upon the launch of the new housing project, and designed specifically for customers under the Mazaya Scheme.  The project includes 211 modern villas with four different contemporary designs, each consisting of two floors with 4 rooms, a spacious hall, a kitchen and annex for a domestic worker, and a garage consisting of two parking spaces, which is built on a land of 73,514 square meters.

Commenting on the initiative, “It is with great pleasure that we renew our joint cooperation between the government, banking and real estate sector entities to facilitate the process of obtaining homes in the “Danat Al Baraka” project for Bahraini citizens under the “Mazaya" Scheme offered by the Ministry of Housing,” said Mr. Tariq Kadim, Chairman of Danaat Al Baraka Company.

“We aim to provide a variety of prestigious housing options that will enable Bahrainis to own their private residential villas, characterised by a quiet community environment close to the sea, located in Janusan. We are pleased to welcome all those wishing to gain more insight into our leading housing solutions, offering tours of our show villas and the existing project site, in coordination with Eskan Bank," he added.

General Manager of Eskan Bank, Dr. Khalid Abdulla, said: “We are extremely delighted with NBB’s exclusive financing offer extended to its ‘Mazaya’ Scheme customers on the ‘Danaat Al Baraka’ homes. This is yet another step in the ongoing cooperation between Eskan Bank and the National Bank of Bahrain, highlighting the importance of a continued line of communication with private sector organisations, and applauding their efforts to provide facilitated housing solutions that successfully meet the various needs of Bahraini citizens.”

Jean-Christophe Durand, NBB CEO, stated: “We at NBB are proud of our fruitful collaboration with Eskan Bank and our continuous efforts to introduce facilitated housing financing solutions into the market. We remain committed to our role in realising the goals set out in the Bahrain Economic Vision 2030 by providing innovative and facilitated housing financing solutions in various areas of the Kingdom.”

NBB customers interested in the ‘Danaat Al Baraka’ project can visit the project headquarters upon the official launch of the campaign on Wednesday, May 19th, 2021, to learn more about the bank’s exclusive packages and offers.

For more information, please contact 17214433, or visit www.nbbonline.com