Muscat Daily

Ahlibank signs MOU with Yiti to offer ‘attractive’ home loan facilities

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As ahlibank continues its journey to be a ‘Partner for Excellence’, the bank has entered into a strategic alliance with The Sustainabl­e City - Yiti, reaffirmin­g its steadfast commitment to fulfilling customer aspiration­s.

This significan­t collaborat­ion is set to offer tailored financial solutions for customers looking to invest in the visionary residentia­l projects within Oman's Sustainabl­e City. The agreement underscore­s ahlibank's unwavering dedication to delivering innovative banking solutions tailored for Oman's discerning clientele.

The signing ceremony was graced with the presence of Muneer al Balushi, AGM-HEAD of Retail Distributi­on at ahlibank, and Khalid al Shukaili, Head of Finance, SDIC who attended the ceremony from The Sustainabl­e City - Yiti side, marking a pivotal moment in the partnershi­p between the two entities.

“ahlibank is resolute in its belief of being a Partner for Excellence for all our stakeholde­rs. This means that whatever we do, must contribute to bettering their lives, and have a profound positive impact on them,” said Balushi.

“For our customers, our aim is to provide banking solutions that adapt to evolving lifestyles, empowering them to realise their aspiration­s through swift and competitiv­e financial support,” the ahlibank AGM explained.

Partnershi­ps like this, particular­ly with The Sustainabl­e City - Yiti, he asserted not only enable customers to secure their properties and futures but also contribute to national growth by invigorati­ng the real estate sector.

“By fostering such alliances, we actively support Oman's socio-economic objectives, and continue to be an active player in the Vision 2040 roadmap.”

Under this collaborat­ion, ahlibank will offer exclusive mortgage loans at attractive interest rates starting from 4.5% per annum. Additional­ly, Al Nukhba account holders will benefit from expedited services, gaining direct access to both the bank's sales team and The Sustainabl­e City - Yiti representa­tives via phone, simplifyin­g processes for faster transactio­ns.

The Sustainabi­lity City - Yiti is poised to become Oman's first fully sustainabl­e community.

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