| 07.01.2010 - Sakana cuts mortgage base rate by 0.25pct |
| From Ameinfo.com: Bahrain-based Sakana Holistic Housing Solutions the innovative Islamic mortgage finance provider has announced a reduction in its retail mortgage base rate by 0.25% (25 basis points) with effect from 3 January 2010, taking its new bench mark retail financing rate to 9.25% on a reducing balance basis. This is the 2nd rate reduction in the last 4 months totaling to 0.50% (50 basis points)...........................................Full Article: Source |