03 April 2016

Naseej BSC(c) and BBK sign strategic partnership deal


Kingdom of Bahrain; Naseej BSC (c) one of the Kingdom’s leading real estate and development companies announced today that it had signed a strategic partnership agreement with BBK; Bahrain’s pioneer in retail and commercial banking services to extend key services and added benefits to Naseej’s respective customers. BBK will offer value to Naseej’s customers on mortgage finance facilities, personal loans as well as insurance coverage.

Naseej BSC (c), a leading property developer in Bahrain, offers a range of real estate products to property purchasers both in Bahrain and GCC nationals. Under the terms of this latest partnership, customers of Naseej will benefit from a range of banking services offered by BBK and its subsidiaries at competitive prices. Features of this pack include attractive rates on mortgages facilities, personal loans, life and home insurance cover policies all of which will be offered directly by BBK.

Commenting on this key agreement Naseej’s General Manager Mr. Ahmed Al Hammadi, said: “our strategic partnership with BBK heralds a new era of service excellence to our customers, and we are delighted to cement this arrangement with BBK to serve our respective customers in better ways, offering them extended value and convenience all under one roof. We are also pleased to highlight that this key partnership aligns our efforts with BBK to provide a wider range of products and services to customers in a manner that is both easy and simple for the customer”. Mr Al Hammadi also stated: “With this partnership now in place, Naseej will have a member of staff based at BBK’s Financial Mall in Budaiya that will work alongside BBK respective employee and will be serving customers with their real estate requirements. With that said, our physical presence at the Financial Mall compliments BBK’s efforts to provide a one-stop-shop approach to customers with services being offered by BBK in the form of banking and financing services as well as insurance coverages through the Bank’s SECURA products. With these efforts in place, I can ensure that both Naseej and BBK’s customers will be in good hands and will definitely benefit from the range of services offered to them”.

On the other hand, speaking on behalf of BBK, Mr. Mohamed Malik, the Bank’s General Manager of Retail Banking, said: “We are delighted to enter into a strategic partnership with Naseej, a company that is very highly regarded in the local real estate sector. Purchasers of properties on Naseej’s developments in Bahrain will now benefit from a one-stop shop at our Financial Mall in Budaiya, allowing them to choose a property, finance the purchase and arrange their insurance requirements all under one roof.”

BBK has always been in the forefront of aiding clients and other companies reach their objectives whereby the Bank has entered many partnerships with leading brands. Most recently, BBK has signed an agreement with Daimler Financial Services to finance Mercedes-Benz automobiles in Bahrain.

For more information about this partnership, kindly contact +973 16 557996.