Categories: Deals

Bproperty and NRBC Bank signed a MOU

In order to make buying a home easier and more accessible, the only property solutions provider in Bangladesh, BProperty.com Limited, have partnered with NRB Commercial Bank Limited [NRBC Bank] by signing a Memorandum of Understanding (MoU). Under this agreement, the customers of Bproperty can avail home loans from NRBC Bank at an exclusive interest rate of 9% and a processing fee of 0.5%.

The MoU between Bproperty.com Limited and NRB Commercial Bank Limited was signed on 25th February 2020 at Bproperty’s headquarters, located at Level 12 of Lotus Kamal Tower 2, 59 & 61 Gulshan South Avenue, Gulshan 1, Dhaka. Mark Nosworthy, CEO of Bproperty and Hafiz Imroz Mahmud, Head of Retail Banking Division and Senior Executive Vice President of NRBC Bank signed the agreement on behalf of their respective organizations.

Rejbeen Ahsan, General Manager, Mizan Ul Mowla, Head of Business Development, Md Rezaul Hassan Sharif, Head of Corporate Affairs, Md Zaidul Islam, Corporate Service Manager, and Mahzabin Chowdhury, Marketing Manager were also present at the signing on behalf of Bproperty. Md. Monirul Islam, Vice President and Operations Manager, Gulshan Branch, A K M Rabiul Islam, Executive Vice President & Head of Gulshan Branch, S.M. Intisar Kabir, Business Development, and Md. Aynal Sardar, Executive Officer, was also there to represent NRBC Bank.

Speaking on the occasion, Bproperty CEO Mark Nosworthy said, “The biggest challenge in the real estate sector of Bangladesh is access to capital. With more and more people wanting to buy properties nowadays, we want to help them find the right source of home loans. This is why we are happy to sign this agreement with NRBC Bank. Our customers will now be able to get home loans at a preferential rate. We hope this agreement will ease the transaction of properties and move the real estate sector of the country forward.”

About bproperty.com:

BProperty.com Limited, owned by the Emerging Markets Property Group (EMPG) headquartered in the UAE, launched in 2016 in Bangladesh and has had over 230,000 properties marketed on its website. EMPG has a rich experience in delivering world-class real estate solutions to emerging markets, catered specifically to the needs of that specific market, with other real estate portals in Asia, the Middle East, and North Africa. Bproperty headquarters are located in Gulshan 1, Dhaka and information can be found at www.bproperty.com

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