Bank Albilad Signs Partnership Agreement with Liwan Real Estate Development to Provide Real Estate Solutions for Individuals
In an effort to enhance its strategic partnerships with success partners, and as a contribution to raising the rates of home ownership, Albilad Bank signed a cooperation agreement with Liwan Real Estate Development Company, aiming to activate the capabilities between the two parties to achieve the common interest in the field of studying and financing real estate projects.
This agreement serves as one of Albilad Bank's models for real estate solutions and effectively expands the bank's presence in a number of real estate initiatives. Its objectives include marketing the "Livein Liwan" project, one of the most well-known residential projects of Liwan Real Estate Development Company in Riyadh, on the company's various platforms, offering financing options and facilities to the company's customers and employees that are based on financing individuals who wish to purchase in the "Livein Liwan" project at a competitive interest rate, and fostering opportunities for cooperation between the two parties.
Regarding the agreement's signing, Mr. Hamad Dawood Al-Dawoud, Senior Manager of Real Estate Finance at Albilad Bank stated: "This agreement with Liwan Real Estate Development Company is an extension of the bank's efforts and initiatives to provide financing solutions to individuals and help them own residential units that suit their capabilities and aspirations, in accordance with the goals of the Kingdom's Vision 2030."
Al-Dawoud emphasized that the agreement with Liwan Real Estate Development Company is one of the bank's most notable agreements because it is one of the most well-known real estate development companies in the Kingdom and has innovative real estate initiatives. We have a strong strategic partnership with the company, and this agreement is part of the real estate initiatives the bank has been offering in the area of individual real estate financing, which strengthens the bank's position as a better option in offering comprehensive and integrated real estate financing solutions that meet the needs and aspirations of individuals, in accordance with the bank's values of initiative, innovation, interest, participation, trust, and responsibility.
It is important to note that Albilad Bank offers its clients and partners a wide range of cutting-edge banking and credit services in every city and governorate in the Kingdom. These exceptional services include a range of financing options for both individuals and businesses in the real estate market. With more than 150 locations nationwide, the Bank has a vast network of branches dedicated to boosting and improving the client experience. For the first time in the Kingdom and the Middle East, Albilad Bank is also the first bank to implement the DIGI Account application, which enables all customers to open an account online without having to visit the branch or provide any paperwork. This is done to facilitate the process to its clients and partners.
