This is not only with doha bank.
I am having a personal loan with Commercial Bank.
Recently they have increased the personal loan interest rate from 9.75 to 12.5 :( .
It was not fixed interest rate but varying depending on central bank interest rates.
When i checked with the Bank they said the Central Bank has increased the interest rate.
Why the central bank has increased the interest rates now while it is coming down internationally?
Anybody has any clue?
This is not only with doha bank.
I am having a personal loan with Commercial Bank.
Recently they have increased the personal loan interest rate from 9.75 to 12.5 :( .
It was not fixed interest rate but varying depending on central bank interest rates.
When i checked with the Bank they said the Central Bank has increased the interest rate.
Why the central bank has increased the interest rates now while it is coming down internationally?
Anybody has any clue?