Bahrain-based Al Salam Bank will provide real estate financing solutions to those looking to own residential units in Marassi Bay, Marassi Terraces, and Palace Residences after signing a Memorandum of Understanding (MoU) with leading real estate developer Eagle Hills Diyar.
In addition to competitive profit rates, Al Salam Bank will offer Eagle Hills Diyar customers a grace period of up to six months and loyalty reward points. Clients will get complimentary consultancy sessions to design and execute their home interiors.
Partnership with Eagle Hills Diyar
Anwar Murad, Deputy Chief Executive Officer – Banking at Al Salam Bank, commented: “We are pleased to establish this partnership with Eagle Hills Diyar, which reflects our commitment to providing innovative real estate financing solutions that cater to our clients’ needs.
“Through this collaboration, we aim to empower individuals, SMEs, and corporate clients to own their residential units in prestigious developments, while offering competitive benefits that make the financing process more seamless and flexible.”
Dr Maher Alshaer, Managing Director of Eagle Hills Diyar, added: “We take pride in pioneering the development of real estate projects that combine luxury and innovation, offering a modern and sustainable lifestyle that aligns with the aspirations of contemporary communities.
“Our partnership with Al Salam Bank represents a strategic step in providing attractive financing options that meet the needs of individuals and businesses looking to own residential units in our developments. We are confident that this collaboration will facilitate homeownership and further strengthen the real estate sector in Bahrain.”
Al Salam Bank is currently focusing on strategies to enhance its real estate financing offerings. It aims to provide flexible financial solutions that support the housing sector in the country while maintaining the highest standards of quality and comfort in homeownership.
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