Eskan Bank, a premier financial institution in Bahrain, has sealed agreements with seven local commercial banks to provide flexible housing finance services under the ‘Tas’heel+ program’.
The program was recently launched by the Ministry of Housing and Urban Planning in collaboration with participating banks in the government’s housing finance program. The Tas’heel+ program provides a range of new features for citizens seeking immediate housing finance, with a maximum financing amount of $241,560 (BD 91,000).
The agreements were signed with National Bank of Bahrain (NBB), Bahrain Islamic Bank (BisB), Bank of Bahrain and Kuwait (BBK), Ahli United Bank, Al Baraka Islamic Bank, Al Salam Bank, and Khaleeji Bank, during the Innovation Summit in the Social Housing Sector.
Abdulla Taleb, General Manager of Eskan Bank, highlighted that the seven agreements reflect the bank’s ongoing public-private partnerships, which aim to provide flexible housing solutions in line with government priorities.
Taleb underscored the collaboration as a leading model of government–financial sector cooperation to support national objectives and facilitate citizens’ access to housing services, contributing to Bahrain’s economic and social development.
The general manager also reiterated the bank’s commitment to developing sustainable and innovative housing solutions that foster family stability and meet citizens’ aspirations.
The agreements will enable participating banks to play a key role in meeting citizens’ housing needs and also reflect their commitment to supporting national housing programs as part of their social responsibility. This will offer flexible homeownership options and contribute to the goals of Bahrain Economic Vision 2030 and the national housing strategy.
Furthermore, Taleb highlighted the bank’s dedication to enhancing cooperation with local banks to advance housing development and support citizens in driving financial goals and homeownership.
