Ithmaar Bank to finance “Danat Al Riffa” housing project with Eskan Bank
Manama, Bahrain- 31 October 2016- Bahraini citizens will be offered government-subsidised financing through Ithmaar Bank to help them buy their first homes in a new development in Riffa, as part of a national scheme Mazaya (previously known as Social Housing Scheme) designed to address the Kingdom’s housing challenges.
The agreement is the second of its kind between the two institutions, as earlier this year, agreements were signed to finance the Danat Al Seef housing project.