25 Jan, 2010

As part of Arab Bank’s constant efforts to provide the best products and services for its clients, a new housing loan has become available for Jordanians living in Bahrain, Qatar and UAE. This loan product allows Jordanian expatiates to finance their own house in Jordan simply and conveniently through any of the Arab Bank branches in those respective countries or in Jordan. Arab Bank’s extensive branch network allows customers to take advantage of this product no matter where they live.

With terms including, financing most of the house’s value, a substantial loan amount and long-term tenor, this loan is flexible and meets the needs of Arab Bank customers.

According to Mr. Muntaser Dawwas, Executive Vice President of Consumer Banking, “We have witnessed great demand from Jordanians living abroad who want to own a house in Jordan.” He further elaborated, “With competitive interest rates, and simple and straightforward procedure, this housing loan will help Jordanian expatriates to purchase their dream home in Jordan.”

The Arab Bank has an unmatched Global Arab branch network with 500 branches spanning 30 countries in 5 continents. Arab Bank enjoys prominent positions in key financial markets and centers such as London, New York, Dubai, Singapore, Zurich, Paris, Frankfurt, Sydney and Bahrain.