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2019 Bank of the Year

2019 Bank of the Year - Term Deposits
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  5. 2019 bank year

As the COVID-19 situation continues to evolve, our Coburg branch will temporarily be operating at reduced hours for the added safety of our staff and customers. Learn more.

You can now tap and go with your Visa Debit Card for purchases up to $200. Click here to learn more.

We're excited to announce the introduction of our new brand name, abal banking. Read more about the change and what it means for you, here.

Downloading our mobile app? A friendly reminder to only use the App Store or Google Play. Click here for more details on mobile security.

In the market for a home loan? Learn more about our home loan products by clicking here.

We're a bank for the community. Learn more about our community initiatives by clicking here. 

Arab Bank Australia was awarded 2019 ‘Bank of the Year’ in the Term Deposit category by leading comparison site, Canstar.

Canstar assesses the term deposit products of over 60 providers within a random 6 month period and determines the winner based on two primary factors, 1. Pricing and 2. Features.

An excerpt from the Canstar article:

Mr Sale said an analysis of the bank’s term deposit offerings showed it had been “extremely competitive”, offering 0.2 percentage points above the market average interest rate for the ratings period.

“Arab Bank’s average interest rate led the way in 8-13 month terms, during the Awards’ assessment period. Despite recent changes to its rates, Arab Bank is still offering rates around 10% higher than the average of other banks at the time we finalised our ratings,” he said.

We are thrilled to have been recognised in this category and look forward in continuing to provide quality products and services to our community of customers. 

Considering investing in a term deposit? View our current rates on offer today.

Wednesday, 3 July 2019

Bank of the Year
Get in touch

Call 1800 64 64 84
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To the extent that any material on this page could be construed as general advice, it has been prepared without taking into account your objectives, financial situation or needs. Before acting on this information, consider whether it is right for you. A Product Disclosure Statement (PDS) is available on this website, and should be considered before making any decision.

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