Tuesday, 02 January 2024 12:17 GMT

Qatar National Bank Launches First-Of-Its-Kind Boat Finance


(MENAFN- Gulf Times) QNB has launched Boat Finance, a bespoke loan to finance boats up to QR2mn, offering an exclusive interest rate of 3.45% per annum (equivalent to 1.85% flat rate).

The loan finances both new and used boats or yachts, engines, navigation equipment, or even boat refurbishment and offers a flexible tenure up to six years, marking a pioneering initiative in Qatar.

Launched during the Qatar Boat Show 2025, which successfully concluded last week, the exclusive product elevates customer experience by adding value to customers' lifestyles and expanding banking to new horizons.

QNB has partnered with leading marine and boating suppliers to offer exclusive discounts and innovative financing solutions for its customers and help them finance their dream boat.

Customers can easily apply for a boat loan with instant approval online at or visit their nearest branch to get assisted by the QNB dedicated team.

QNB Group is one of the leading financial institutions in the Middle East and Africa and one of the most valuable banking brands in the region. It operates in 28 countries across Asia, Europe, and Africa, providing tailored banking products and services, supported by a workforce of over 31,000 professionals leading banking excellence worldwide.

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Gulf Times

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