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Coronavirus

Bahrain bank waives loan fees for COVID vaccinated customers to encourage jab uptake

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A Bahraini bank is waiving loan fees for customers vaccinated against COVID-19 in the latest regional initiative aimed at encouraging uptake of the jab.

Recent announcements across the GCC have included discounted driving lessons, free coffee and complimentary taxi journeys.

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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.

In the latest announcement, Al Salam Bank is offering financing solutions with no administrative fees, including personal and property facilities as well as the Mazaya social housing program.

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.

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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.”

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.

Al Aali Mall, in the capital Manama, has removed outdoor food vendor rental charges this winter.

Read more:

Tickets sold to vaccinated, recovered fans for F1 Bahrain Grand Prix

Free parking for food trucks in Bahrain mall to boost businesses hit by COVID-19

Bahrain launches digital COVID-19 vaccine passport