Business | Banking
Hamptons ties up with Abu Dhabi-based Islamic bank
Hamptons International, a one-stop property services company, has signed a valuations contract agreement with Al Hilal Bank, the Islamic banking institution wholly owned by the Abu Dhabi Investment Council. Under the contract, Al Hilal Bank will include Hamptons Valuations in their exclusive valuation panel for mortgage and retail businesses.
- Staff Report
- Published: 00:02 July 31, 2008
Dubai: Hamptons International, a one-stop property services company, has signed a valuations contract agreement with Al Hilal Bank, the Islamic banking institution wholly owned by the Abu Dhabi Investment Council. Under the contract, Al Hilal Bank will include Hamptons Valuations in their exclusive valuation panel for mortgage and retail businesses.
Al Hilal Bank becomes the 25th financial institution partner of Hamptons, and highlights the company's plans to expand regionally across the Middle East and North Africa (MENA). The Hamptons Valuation team is part of the Valuations and Research Department, which plays a crucial role in assessing the value of property, mortgage and market potential.
Discussions are ongoing with leading financial institutions in the GCC region for further partnerships, highlighting the growth plans of Hamptons International to establish a strong base across the MENA region.
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