The Bank of Bahrain and Kuwait (BBK), a leading provider of personal and corporate banking services in the Kingdom of Bahrain, has signed a strategic partnership agreement with Edamah, the real estate arm of Bahrain Mumtalakat Holding Company (Mumtalakat) to offer a comprehensive range of exclusive real estate financing solutions to facilitate home ownership for Tivoli Residences – a premium residential development located within the Bilaj Al Jazayer project, one of the Kingdom’s most prominent and dynamic real estate destinations.
The Bank’s financing package includes flexible repayment options, competitive interest rates for citizens and residents, and a streamlined application process that ensures fast and convenient access to financing. Through this initiative, BBK continues to expand its portfolio of housing finance solutions, providing its customers with opportunities to own homes in some of Bahrain’s most luxurious and modern residential developments. Financing is also open to all GCC residents of all nationalities.
Commenting on the collaboration, Ms. Manal Al Bayat, Chief Operating Officer of Edamah, said: “We are pleased to announce this strategic partnership with BBK, which provides the bank’s customers with flexible financing solutions to own residential units within Tivoli Residences at Bilaj Al Jazayer. The project is designed to offer a modern, integrated living experience and it underscores our commitment to building sustainable urban communities that fulfill the aspirations of Bahraini families and residents, while also appealing to the interests of investors.”
Mr. Mohammed Zainalabedin, Assistant General Manager of Retail Banking at BBK, stated: “We are proud to announce this partnership with Edamah to promote Tivoli Residences. At BBK, we have always placed great emphasis on developing innovative real estate financing solutions, recognizing the sector’s vital role in driving Bahrain’s economic and social development. This collaboration reflects our ongoing efforts to provide financing options that cater to the diverse needs of our customers and allow them to invest in a project distinguished by its superior quality, modern design, and vibrant location.”
Located in the heart of Bilaj Al Jazayer, the Tivoli Residences development comprises a premium selection of residential units ranging from one- to three-bedroom apartments to duplexes and penthouses with unique sea, courtyard, or city views. Designed to meet the highest international standards, the project delivers a refined living experience through its exceptional amenities, including a rooftop infinity pool with panoramic sunset views, an elegant central courtyard, a state-of-the-art fitness center, a dedicated children’s play area, and a multi-purpose family hall—all complemented by stylish lobbies and tranquil living spaces with 24-hour security and concierge services.
© 2024 Edamah. All Rights Reserved | Privacy Policy