Meridian Finance lowers home loan interest through bproperty.com

bproperty.com, the country’s largest real estate marketplace that has thoroughly surveyed and validated over 119,000 buildings in Dhaka as well as other cities in Bangladesh, and currently has nearly 25,000 properties available for sell and rent on their portal, have signed a partnership with Meridian Finance and Investment Limited to participate in constructive development in real estate sector jointly.

This collaboration between bproperty.com & Meridian Finance will bring financial solutions and assistance to its respective clients, and the whole of Bangladesh, in relation to property buying and assist all Bangladesh is a statement to both the banking and real estate. Meridian Finance is committed to holding the preferential interest rate as low as 10% depending on the client’s profile considering risk factors only through bproperty.com.

The MoU between bproperty.com and Meridian Finance and Investment Limited was signed at the Corporate Head Office of Meridian Finance and Investment Limited in Dhaka. The ceremony was led by Mark Nosworthy, CEO of bproperty.com and Irteza A Khan, Managing Director & CEO of Meridian Finance and Investment Limited and other high officials of Meridian Finance and Investment Limited also took part at the ceremony. On the other hand, from bproperty Khondoker Rejbeen Ahsan, Head of Operations and Md. Zaidul Islam, Manager – Corporate Sales and other high officials from bproperty were present at the ceremony.

Meridian Finance is one of the fastest growing multi-product financial institution licensed by Bangladesh Bank. This finance company is maintaining a very strong and diversified portfolio in Corporate, Consumer, Small & Medium Enterprises (SME) Finance, and Corporate Advisory Services. It is maintaining a solid year on year growth. In quest of sustainable business, the company has been establishing itself to provide enduring value to people, customer, stakeholders and communities.

Speaking at the occasion, Mark Nosworthy, CEO of bproperty.com said, “With a spectacular number of customer visit every day we are providing innovative solutions to make property purchase easiest. This agreement with Meridian Finance is going to help us providing more home loans across the country.”

Irteza A Khan, Managing Director & CEO of Meridian Finance and Investment Limited said, “This strategic alliance between Meridian Finance and bproperty.com shows our commitment towards facilitating people in purchasing their dream homes at affordable rates and at their convenience. Therefore, we are offering loan-to-value (LTV) up to 85 percent compared with the other banks where it’s at 70 percent. We hope this partnership offers a win-win solution for everyone in the real estate and customers.”

This ceremony set a new milestone for bproperty.com as it is eventually serving the real estate with such excellence. Such a service will allow users of the website to be facilitated at every stage of real estate and home building. This is a highly appreciated agreement, and such events will take the real estate market to a whole new level.