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BMI Credit Facility for NFH
Bahrain-based credit financing firm National Finance House (NFH) today announced the signing of a credit facility agreement with BMI Bank (BMI), one of the most active leading banks across the GCC. This agreement is a milestone towards strengthening the banking relationships between the two parties.
Officiating at the formal signing ceremony, were NFH General Manager Mr. Jassim Khalaf and from BMI Mr. Fathi M. Ebrahim, the Team Leader of Corporate Banking and Mr. Tharaka Abeythunge, the Relationship Manager for Corporate Banking.
On that occasion, Mr. Khalaf said: “establishing credit lines with local and international banks form an integral part of the Company’s strategy to support the ongoing growth and expansion of our business and providing our customers with a wide range of products and services. In a short paste of time, NFH managed to gain the trust and support of several banks and financial institutions in the Kingdom of Bahrain and to establish long-term credit facilities than ranges to 5 years”.
“Since the commencement of its operations, NFH strived to establish a solid client base with individuals and establishments serving different sectors in Bahrain and especially personal sector, construction, services and trade sectors through providing them with financial solutions that meet their requirements to purchase personal and commercial vehicles and heavy construction equipments”. He added.
Speaking on behalf of BMI, Mr. Ebrahim said: “We are pleased to support the ongoing growth and continuing expansion of NFH and we are ascertained that the Company will continue to play a significant role in fulfilling the customers’ requirements and enhancing their welfare”.
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