Top Bahrain lender launches referral rewards
Manama, January 24, 2012
Bahrain-based Sakana Holistic Housing Solutions, a leading Islamic mortgage finance provider, has announced a referral rewards programme for its customers either in current or past relationship.
The reward will be given to customers based on referral of their family members and friends to finance their home with Sakana.
A fixed percentage will be rewarded in cash based on the referee’s mortgage finance amount – higher the mortgage finance, higher the reward, a statement said.
Furthermore, there is no limit on number of referrals and the reward percentage increases for multiple referrals. For example, referral of a BD100,000 ($265,260) mortgage would result in BD150 reward for the first time referral, BD200 for the second time referral and so on. Terms and conditions will apply to the referral rewards programme, the statement added.
R Lakshmanan, CEO, Sakana said: “Sakana’s valued customers are partners in our success for the last five years and through this referral rewards program we wish to recognize their valuable contribution. We have adopted an inclusive approach of making this available to all our customers either in current or past relationship.” – TradeArabia News Service
More Finance & Capital Market Stories
- KFH-Bahrain rebrands priority banking
- Bank Nizwa wins top Islamic bank award
- Qatar labour costs may jump: IMF
- Kuwait Q3 trade surplus hits $23bn
- Dubai trade growth up 7.6pc to $362bn
- Deloitte appoints new managing director
- Al Ramz tops UAE trading in Feb
- IFC in $150m loan deal with Bank Audi
- SME funding focus for Abu Dhabi forum
- Insurance House posts second year of profit
- ETF global assets hit record $2.44 trillion
- Bahrain firms plan IPOs
- Serbia wins $1bn Abu Dhabi loan
- Key equity banker resigns from Saudi Fransi
- DMCC to boost Islamic commodity trade with tie-ups
- IDB, KIA units to invest in Morocco
- First Gulf to set up $1bn sukuk in Malaysia
- Singapore’s UOB Bullion and Futures joins DGCX
- Infrastructure investment ‘key to growth’
- BKIC declares 30pc dividend
- StanChart profit falls 16pc in 2013
- Veteran Saudi banker to head AMF
- Dubai World prepays $284m to creditors
- EFG-Hermes sells Damas stake to Mannai
- Ultra rich number to grow 35pc in Mideast
- Saudi IPO market 'set for big year'
- RAK 'exploring' ceramics unit stake sale
- Bahrain Bourse wins key UK award
- Alba backs Euromoney forum
- URC bond rating upgraded to stable outlook