Bank Muscat extends baituna home finance for Zia Al Khoud villa project

MUSCAT: Bank Muscat, the flagship financial services provider in the Sultanate, and Dr Abdullah bin Abbas bin Ahmed, promoter of Zia Al Khoud villa project, signed a memorandum of understanding (MoU) to provide attractive baituna home finance for Zia Al Khoud project in Al Khoud in the wilayat of Al Seeb. Abdullah Tamman al Mashani, Deputy General Manager – Institutional Sales & Products Development, and Dr Abdullah bin Abbas bin Ahmed, signed the MoU at the bank’s head office.
Abdullah Tamman al Mashani said, “Bank Muscat is proud to be associated with Zia Al Khoud villa project and facilitate attractive baituna finance for prospective home buyers.
The real estate sector is a major component of the national economy and Bank Muscat is committed to extending all possible support to achieve the objective of a ‘home for every family’, especially youth. baituna home finance is aimed at offering citizens and residents easy access to mortgage finance, thereby enhancing the role of the real estate sector in the national economy.”
Dr Abdullah bin Abbas bin Ahmed said, “We are happy to join hands with Bank Muscat to provide attractive home deals for citizens. The association between the two institutions will give a boost to the real estate sector and benefit citizens across Oman to fulfill their dream homes. Zia Al Khoud project comprises 16 modern villas meeting the expectations of niche customers.”