Commercial Bank announces special savings rates for citizens

 12 Mar 2017 - 20:22

The Peninsula

Commercial Bank, Qatar’s first private bank, is rewarding Qatari customers this dividend distribution season with a range of savings offers and exclusive premium banking privileges.
Commercial Bank is encouraging Qatari customers to save their dividend payments, or any new funds, by offering generous time deposit rates available until April 30, 2017
For a limited period, Qatari customers can receive deposit rates as high as 3.25 percent p. a. for up to three years, through flexible tenor options starting from three months. This allows customers to save for their future ambitions while earning interest on their deposit.
New Qatari customers also automatically qualify to become Sadara members and enjoy Commercial Bank’s privilege services that offer a VIP banking relationship and complimentary access to the Bank’s Sadara lounges.
“As a Qatari bank, we have a responsibility to encourage our customers to save for the future," said Commercial Bank, EGM Government & Public Sector, Khalifa Al Rayes.  
"To reward our Qatari customers for saving their dividends with us, we are pleased to offer highly competitive deposit rates during this dividend season, together with privileged banking products that make them feel welcomed at Commercial Bank,” added Al Rayes. As a trusted banking partner of leading listed companies in Qatar, Commercial Bank provides dividend distribution services for several known companies on the Qatar Exchange. For greater shareholder convenience, the Bank encourages customers to collect their dividends through automatic transfer using the Qatar Central Securities Depository (QCSD) service, or through Commercial Bank’s Dividend Online Portal allowing shareholders to easily manage their dividend payments online.