Qatar- Commercial Bank names summer loan campaign winners| MENAFN.COM

Wednesday, 10 August 2022 08:26 GMT

Qatar- Commercial Bank names summer loan campaign winners

(MENAFN- The Peninsula) Commercial Bank has announced the 12th and final pair of winners of its summer campaign, offering customers the best personal, vehicle and mortgage loan deals.

Mohammad Sharique Makhdumi and Ronel Tubeo Rivera entered into the weekly draw by taking out a personal loan and each won travel vouchers worth QR15,000 to spend however and to any destination they choose.

There have been two winners every week throughout the campaign, with customers participating by taking a personal, vehicle or mortgage loan during the period.

During the campaign, customers enjoyed personal loans with repayment rates as low as 3.99 percent reducing interest rate (equivalent to 2.15 percent flat interest rate), vehicle loans as low as 1.99 percent flat interest rate (equivalent to 3.69 percent reducing interest rate) and mortgage loans with repayment rates starting from 3.99 percent reducing interest rate (equivalent to 2.15 percent flat interest rate).

All loans came with the benefit of a payment holiday of up to six months for Qataris and up to three for expatriates, same day approvals, and banking support 24 hours.

Dean Proctor, EGM Chief Consumer & Private Banking, said: "Commercial Bank continues to offer exceptional value for its customers. To give our customers more benefits over the summer months we offered two customers the chance to win travel vouchers worth QR15,000 every week until the end of the campaign. I would like to pass on my congratulations to the winners."

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