Banks News

JS Bank and Emaar collaborate to provide home financing to their clients

JS Bank, the leading home finance institution within the banking system , has partnered with Emaar, a prestigious developer brand to supply easy and convenient home financing solutions at flexible markup rates.

This collaboration will let Emaar’s clientele to make a decision for the traditional home financing services open by JS Bank. The agreement was contracted by Basir Shamsie, President and CEO of JS Bank and Sohail Baig, CEO of Emaar. Also present on the spot, Atif Salim Malik, Director of Product and Marketing, Fahad Siddiqui, Director of Secured Loans, Zulfiqar Lehri, Director of Customer Loan Circulation and other representatives from JS Bank. From Emaar there have been Muhammad Ali Baig, Muhammad Haris Khan, Bassam Ali Khan and Akif Malik.

Speaking at the occasion, Basir Shamsie believed: “This partnership with Emaar will role as a singular financing resolution for potential home purchasers. By working directly with developers, we strive to make a much-needed change to the currently accepted mortgage process by enabling clients to obtain properties and obtain financing in a simple and hassle-free process. “

Sharing his thoughts, Sohail Baig, C.E.O Emaar said, “We are pleased to partner with JS Bank to supply a home financing product designed exclusively for the Emaar Karachi waterfront residences. It will solve financing options for respected clients on current and upcoming projects. We look forward to mutually exploring opportunities to provide value-added services to our clients. “

JS Bank has taken this step to provide flexible loans to today’s homebuyers, allowing them to borrow up to 90% of the property’s value, thereby making home ownership affordable for many who they couldn’t pay on the contrary.

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