Term Deposit Account

A- A A+

The Term Deposit Account from BBAC is the ideal solution for savers who are looking to invest their surplus capital in a secure investment with guaranteed high returns.

What do you need to know about the Term Deposit Account?
  • It is an account into which a certain amount of capital is deposited and locked for a specified term or maturity date at a fixed interest rate
  • The account allows the withdrawal of capital, along with the accumulated interest, at the end of the maturity date
  • Interest rates vary according to the amount and the term of the deposited capital
  • The account is automatically renewable after the maturity date, unless instructed otherwise
  • The account is available in Lebanese Pounds, US Dollars and other major currencies
What benefits does the Account offer?
  • A higher interest rate than a regular savings account
  • A fixed interest rate for the term of the investment that guarantee a certain return
  • A variety of terms and maturity options, starting from one month and up to more than one year
  • Online Banking for a convenient access to the account around the clock 
What is the next step?
Visit any of the BBAC branches, where the customer service representatives are ready to provide assistance.
Take our website survey