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Khaleeji Commercial Bank arranges $67.8m loan for Liwan project

Khaleeji Commercial Bank arranges $67.8m loan for Liwan project
Part of the signing ceremony
KHCB
KHCB
0.00% 0.04 0.00
Seef
SEEF
-100.00% 0.17 -0.17

Mubasher: Bahrain’s Lama Real Estate has signed an agreement with Khaleeji Commercial Bank to arrange a loan to finance Lama’s Liwan project.

The BHD 25.5 million ($67.81 million) loan will be arranged in collaboration with Kuwait Finance House – Bahrain, according to a statement released on Tuesday.

Lama Real Estate, listed on the Bahrain Bourse and Dubai Financial Market, is 50% owned by Seef Properties.