Chapal Opens Six Escrow Accounts with Ajman BankThursday, July 30, 2009
Chapal, a leading property developer and multi-service provider to the real estate sector, on Wednesday announced that it has opened six escrow accounts with Ajman Bank. The bank will handle their six projects in Ajman namely Chapal the Glory, Chapal the Harmony, Chapal the Presidency, Chapal the Legacy, Chapal Corals and Chapal the Dunes. This follows the developer’s recently announced registration with the Ajman Real Estate Regulatory Authority. The bank has continued to demonstrate support for the economic development of Ajman since it began operations in February this year, establishing strategic partnerships with organisations like Ajman Freezone. Source: Khaleej Times
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