National Bank of Bahrain BSC Personal Loan in Manama
|Minimum Salary needed||Personal Loan|
|Maximum amount available||BD 200|
|Length of Loan||BHD 10,000|
|Profit Rate||7 years|
|Upfront Fees ( if any )||8.49% p.a|
|Main Features||For Bahraini nationals|
National Bank of Bahrain
The national Bank of Bahrain was established in 1957 as Bahrain’s first locally owned Bank. Ever since then, NBB has grown steadily to become the country’s leading provider of retail and commercial banking services.
Boasting of a lion’s share of the total domestic commercial banking market and the largest network of 26 branches and 59 ATMs, the Bank plays a major role in the local economy.
Moreover, the Bank continues to diversify and develop capabilities to capitalize on business opportunities in the Gulf region and international markets. Its Abu Dhabi and Riyadh branch are leading the way in this expansion strategy.
The bank is publicly listed on the Bahrain Stock Exchange. More than half of its share (51%) is owned by private shareholders, mainly Bahrainis, and 49% by Bahrain Mumtalakat Holding Company, which is 100% owned by the Government of the Kingdom of Bahrain.
Manama is the capital city and chief mercantile center of Bahrain. Currently, the city has a mixed population that is estimated at 157,000. Manama is a chief and ancient trading hub in the Gulf region.
In the 19th century, Bahrain eventually liberated herself from the domination of foreign invaders particularly the Portuguese, Arabians and the Omanis.
After her independence, Manama has had a stable and slow rise to become a major commercial destination in Bahrain and the Middle East. Due to the abundance and exploration of oil wealth, its prosperity has been rising rapidly with illustrious diversification that is positively impacting all its non oil industries.
Our personal loan is tailored and structured in such a way that it perfectly fits into the world of your personal financial goals and dreams. We are ready to offer you adequate finances to fulfill you dreams without hassles and drama.
Features and benefits:
- Customized repayment periods-you choose shorter or longer durations based on your needs and goals;
- Very simple application processes;
- Minimal requirements and documentation required;
- Competitive interest rates;
- Longer repayment periods of up to 7 years;
Requirements and eligibility:
- Be a Bahrain subject;
- A salary of BD 200; and
- Employed by an en employer approved by the bank.