(MENAFN - Muscat Daily) Bank Nizwa is participating in the ongoing Home Show at Oman International Exhibition Centre with an informative stand where visitors have an opportunity to meet with the Bank Nizwa team and find out more about the bank's home finance product.
The Home Show, a premier home building and interior exhibition, attracting record numbers as people are increasingly looking at buying or constructing their own homes. Speaking about the bank's presence at the exhibition, Bank Nizwa CEO, Dr Jamil el Jaroudi said, ''The Home Show is a great opportunity for us to get in touch with our existing customers and also attract new customers who are interested in our products and services.''
He said, '' With the newly unveiled 2014 Oman Budget, the real estate industry in the Sultanate is clearly in for a prolonged spell of buoyant growth this year. At Bank Nizwa we have studied both the market and the needs of the public, particularly those in the midst of setting up their own homes or who wish to refurbish existing homes.
The home finance is designed to help customers to own houses without a debt and without a traditional mortgage.'' Compatible with the Sharia law, Bank Nizwa can help customers owning a house. Bank Nizwa's home finance offering is based on the Ijarah principle whereby the bank buys the property for the customer and then leases it to them with eventual ownership.
The bank aims to take the stress out of buying a home and offers speedy processing and approval times together with transparent prices and charges. The home show will run from December 9 to 11 from 10 am to 11:30 am and 4 pm to 8:30 pm at the Oman International Exhibition Center. Bank Nizwa representatives will be available throughout the exhibition to answer queries.<