Bahrain: MPs work for better housing loans

Published February 15th, 2006 - 08:50 GMT
Al Bawaba
Al Bawaba

Needy families may soon get a better deal on loans from the Housing Bank, the GDN has reported. MPs aim at exempting needy families from monthly administration fees, which must be paid on top of the loan instalments, the report added.

 

The MPs have classified families with net revenue of less than BD600 a month as needy.