Manama: The National Bank of Bahrain (NBB) served as the lead coordinator of a landmark BD 250 million syndicated financing deal for Eskan Bank. The agreement was formally signed in the presence of Amna bint Ahmed Al Rumaihi, Minister of Housing and Urban Planning, and Chairperson of the Board of Directors of Eskan Bank.
As part of the agreement, NBB will provide additional financing and banking services, working alongside several leading local, regional, and international institutions. The funding will support Bahrain’s national housing programmes under the Government Plan 2023–2026, accelerating delivery of housing solutions for citizens and reinforcing long-term socioeconomic development.
“We are proud to be part of this significant collaboration as the sole coordinator and one of the lead arrangers; this financing will positively impact the housing sector and contribute to Bahrain’s social and economic development and is in line with NBB’s commitment to national priorities and sustainable development goals,” Usman Ahmed, Group Chief Executive Officer of NBB, said.
This milestone reflects NBB’s key role in impactful public-private partnerships that drive national progress and serve the Kingdom’s sustainable development priorities.
