Bank of Bahrain and Kuwait (BBK) is promoting its mortgage loans offering at the Gulf Property Show, which opened in Bahrain today (May 12).

BBK chief executive Abdulkarim Bucheery said the exhibition is an ideal platform for the bank to promote its mortgage loans, reported the Gulf Daily News (GDN), our sister publication.

Inviting potential customers to visit the BBK Stand (GP-51) at the three-day event, he said: "They will have the opportunity to meet the BBK real estate financing experts and benefit from the special offer on mortgage loans, as well as insurance from BBK - whether it is for purchase of land or property, construction of a house or financing against current residential property".

Under a new campaign, the bank is offering mortgage loans at interest rates starting from an annual percentage rate of 4.4 per cent.

"We encourage our customers to own their homes, offering them the lowest rates in the market, subject to terms and conditions, and zero down payment which will enable them to finance a property without worrying about the down payment," Bucheery added. - TradeArabia News Service