BBK, a leader in retail and corporate banking in Bahrain, has announced a strategic partnership with Lulu Tourism Company, the main developer of Reef Island.
The collaboration was formalised during Cityscape Bahrain 2025, being held at Exhibition World Bahrain until tomorrow.
The partnership aims to introduce a comprehensive suite of easy and accessible real estate financing solutions designed to enable customers to purchase the newly released seafront luxury villas within Reef Island’s residential developments. The initiative builds on the bank’s continued efforts to offer high-value financial solutions that simplify homeownership in Bahrain’s most prominent residential developments.
BBK is introducing a range of exclusive benefits that set these competitive financing packages apart and offer substantial added value to customers wishing to benefit from this opportunity. The offer includes reduced interest rates and flexible downpayment options.
Moreover, all nationalities residing in GCC countries are eligible to apply, supported by simplified procedures and swift financing approvals that ensure a smooth and seamless experience from the initial property selection through to the final stages of ownership.
Ahmed Taqi, general manager of retail banking at BBK, stated: “We are pleased to enter this partnership with Lulu Tourism Company, as it aligns with our strategy to expand our real estate financing portfolio in collaboration with leading developers across the kingdom. Our objective is to meet the growing housing needs of our valued customers by offering thoughtfully designed and highly competitive financing solutions that enable access to contemporary luxury living.”
Rony Mouawad, director of real estate and owner representative of Lulu Tourism Company, commented: “We take pride in our ongoing strategic collaboration with BBK to deliver high-value, competitive banking solutions tailored to the luxury real estate market. This partnership reflects our shared commitment to meeting the aspirations of BBK customers seeking exceptional residential living within Reef Island’s luxury villas, which have been designed to offer a lifestyle that seamlessly blends elegance, tranquillity and leisure.”