| Minimum Deposit Required | Annual Return | Annual Fee | Choice of Terms | Features | |
|---|---|---|---|---|---|
National Bank Of Bahrain, UAE - Time Deposit - Corporate
|
Minimum Deposit Required: AED 1,000,000 | Annual Return: 5.6% | Annual Fee: AED 0 | Choice of Terms: 1 month to 12 months | Features: Multiple Currencies, Best in market interest rates, Flexibility of term |
Introduction:
"National
Bank of Bahrain (NBB) UAE, established in 1982, is a prominent financial
institution that operates as a foreign branch of the National Bank of Bahrain,
a public shareholding company headquartered in the Kingdom of Bahrain. NBB UAE
is regulated by the Central Bank of the United Arab Emirates and serves
customers through its branches in Abu Dhabi and Dubai."
Product Offerings:
"NBB
UAE offers a comprehensive range of financial products and services to meet the
diverse needs of individual and business customers in the UAE. Our product
offerings include:
- Term Deposit Accounts: NBB's Time Deposit Accounts are designed to provide competitive and favorable rates for both personal and business account holders. These accounts offer long-term financial security and attractive returns.
- Savings Accounts: We provide various savings account options to help customers save and grow their money, with convenient features and competitive interest rates.
- Current Accounts: Our current accounts are tailored to facilitate day-to-day banking transactions, offering flexibility and accessibility.
- Loans and Financing: NBB UAE offers a range of loan and financing options, including personal loans, business loans, and trade finance solutions to support your financial needs.
- Liquidity Management Solution: NBB UAE's existing account structure is designed to streamline account and liquidity management, delivering substantial value across a diverse range of account options.
Favorable Rates in Term Deposits:
NBB UAE takes pride in offering some of the most competitive rates in the UAE market for its Time Deposit Accounts. Personal and business account holders can benefit from attractive yields on their investments, ensuring long-term financial stability and growth. These Term Deposit Accounts are suitable for those looking to secure their funds while enjoying favourable interest income returns."
Deposit Rates
AED | Up to 100,000 | 100,001 to 500,000 | 500,001 to 1 M | 1,000,001 to 5M | 5,000,001 and above |
1M | 2.14 | 4.40 | 4.65 | 4.90 | 5.15 |
3M | 2.24 | 4.31 | 4.56 | 4.81 | 5.06 |
6M | 2.29 | 4.40 | 4.65 | 4.90 | 5.15 |
1Y | 2.50 | 4.50 | 4.75 | 5.00 | 5.25 |
USD | Up to 100,000 | 100,001 to 500,000 | 500,001 to 1 M | 1,000,001 to 5M | 5,000,001 and above |
1M | 2.14 | 4.43 | 4.68 | 4.93 | 5.18 |
3M | 2.24 | 4.75 | 5.00 | 5.25 | 5.50 |
6M | 2.29 | 4.80 | 5.05 | 5.30 | 5.55 |
1Y | 2.50 | 4.85 | 5.10 | 5.35 | 5.60 |
Individual: Deposit value starting at AED250,000 (eqv for USD)
