In line with Capital Bank’s strategy, which aims to provide the local market with premium banking services and products, particularly in the field of real estate loans and meeting the diverse banking and investment needs of customers, Capital Bank launched its new Capital Housing Loans Program that offers a range of unique and advanced features.
Capital Bank General Manager Haytham Kamhiyah commented “Capital Bank is keen to provide innovative services that meet the various needs of customers to help them achieve their financial goals.” He added that the launch of this program is in line with the Bank's multidimensional objectives, which include satisfying the various needs of all segments of the local community as well as expatriates under special criteria.
Kamhiyah added that the re-launch of this unique program coincides with the government's recent decision; to exempt residential apartments sized up to 180 square meters from registration fees, highlighting the importance of this type of loans in light of the growth witnessed in this sector.
The new program includes updated features such as a 30-year term as well as free life and property insurance. The program also offers a free credit card in addition to the possibility of financing the furniture, kitchen and electrical appliances.