Arab Bank – Ballouneh
Project
The Arab Bank PLC had recently
completed a residential complex-Al Rawabi consisting
of 40 apartments in four blocks in
This project has added a potential
trend to promoting and developing real estate investments in that strategic
area between Jounieh highway (sea front) and Faraya
skiing resort.
The private sector and especially
banks have been major contributors in developing the real estate investment
atmosphere. This is due to the substantial and consolidated balance sheet of
banks equivalent to US$ 72.8 billion.
The
wise decision of Arab Bank’s management team to get involved in the purchase
and execution of the project with competitive terms of payment through housing
loans will help middle class families in Keserwan area to own their future
apartments at affordable and convenient terms.
“The
specifications regarding the finishings comply with international
standards. Moreover the landscaping reflects the intention of the owner to
provide a luxurious product in harmony with the surrounding green environment”
said Engineer Abdallah Hayek, the main contractor.