MANAMA: BBK has signed a Memorandum of Understanding (MoU) with Golden Gate, paving the way for a strategic partnership agreement, through which BBK will provide mortgage financing to the customers of the Golden Gate Towers project.
An international joint venture connecting Bahraini-based Company Kooheji Golden Gate and India’s Ajmera Mayfair at the heart of Bahrain Bay, Golden Gate is the result of a partnership to change the landscape of real estate in Bahrain. Under the terms of the agreement, customers of the Golden Gate Towers project who require funding in the form of mortgage loans will be advised to consider BBK as the end user funding partner.
“In our continuous efforts to provide our customers with the best services, we are pleased to enter into this strategic partnership with Golden Gate, a residential real-estate developer which aims to provide state of the art residential solutions which our customers can benefit from. In return, customers from all nationalities residing in the GCC who wish to own a property in the Golden Gate towers project will enjoy excellent repayment structures at competitive interest rates and loan terms from BBK,” Mohammed Malik, BBK’s Deputy Chief Executive, said.
“We are delighted to initiate this partnership with a reputable bank such as BBK which is a step towards a more convenient approach for our customers. Our main goal is to provide the best residential solutions at affordable prices for those who wish to own a property in the Golden Gate towers project,” Anas Al Kooheji, Golden Gate’s Executive Director and Board member, said.
Customers who are interested to own a residential property in the Golden Gate Towers project are welcome to apply for a mortgage loan with BBK.
