Baitak-Turkey launches real estate funding service

Kuwait Finance House (Baitak)-Turkey announced, Saturday, the launch of a new service for real estate financing in Turkey which allows banking customers to obtain necessary funding to own properties there. Chief retail banking Officer Mohammad Al-Fwazan said in a press release that the new service will provide a comprehensive solution for its customers in the real estate business. Turkey is increasingly becoming an attracting tourist and investment destination for Kuwaitis; therefore, this service will meet the needs of a huge portion of investors and it will also enrich investments in the Southeastern European country, he added. Baitak-Turkey was founded in 1989 and has a large chain of branches. It has opened foreign branches and representative offices in Germany, Bahrain and Dubai.