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Gulf Bahrain

Bahrain bank waives loan fees for COVID-19 vaccinated customers

Other incentives include discounted driving lessons, free coffee, taxi journeys



Al Salam Bank said in a statement that it was offering financing solutions with no administrative fees, including personal and property facilities as well as the Mazaya social housing programme.
Image Credit: Shutterstock

Dubai: A Bahraini bank is waiving loan fees for customers vaccinated against COVID-19 in the latest regional initiative aimed at encouraging more people to take the jab, Al Arabiya reported.

Al Salam Bank said in a statement that it was offering financing solutions with no administrative fees, including personal and property facilities as well as the Mazaya social housing programme.

To benefit from the offer, customers will be required to show an official medical certificate or the Kingdom’s ‘BeAware’ application as confirmation of their status.

Al Salam Bank’s Head of Retail Banking Mohammed Buhijji said: “We are proud to launch the Al Salam Initiative, which aims to encourage all eligible members of the Bahraini community to take the vaccine against COVID-19, as a crucial step towards protecting themselves as individuals as well as the greater community.

“Granting a waiver of administrative fees on all financing facilities to all our customers who have been vaccinated is a reflection of our ongoing support to the public during the current circumstances.”

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Other incentives offered recently across the GCC states include discounted driving lessons, free coffee and complimentary taxi journeys.

Last week Bahrain Grand Prix announced that those vaccinated or who had recovered from the virus would be eligible to buy tickets for this year’s Formula One season opener.

Earlier this month a mall in Bahrain announced it has also been letting food trucks and stalls feeling the financial pressure of the COVID-19 pandemic use its car park for free in an effort to boost local businesses.

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