Commercial Bank announces summer loan campaign winners

Doha, Qatar: Commercial Bank, Qatar’s first private bank, has announced the tenth pair of winners during its exceptional summer campaign, offering customers the best deals for Personal, Vehicle and Mortgage Loans.

Rico Rombawa Yim and Venkateswaran Ramasamy entered into the weekly prize draw by simply taking out a personal loan with Commercial Bank. They each won travel vouchers worth QAR 15,000 to spend however they choose and to any destination they desire.

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

During Commercial Bank’s summer loan campaign, customers enjoyed Personal Loans with repayment rates as low as 3.99% reducing interest rate (equivalent to 2.15% flat interest rate), Vehicle Loans as low as 1.99% flat interest rate (equivalent to 3.69% reducing interest rate) and Mortgage Loans with repayment rates starting from just 3.99% reducing interest rate (equivalent to 2.15% flat interest rate).

All these loans came with the added benefits of a payment holiday up to 6 months for Qataris and up to 3 months for expatriates, same day approvals, and dedicated banking support 24 hours a day.

Dean Proctor, EGM Chief Consumer & Private Banking said: “Commercial Bank continues to offer exceptional value for its customers. To give our customers even more benefits over the summer months we offered two customers the chance to win travel vouchers worth QAR 15,000 every single week until the end of this campaign. I would like to pass on my congratulations to the campaign winners.”