I was informed by a bank source that QCB has not changed its lending rate since 2007. As such, banks should not have also changed the lending rates since 2007.

Does anybody know if variable loan interest rates were changed on loans taken in/after 2007?

And what is the catch with the promotions on personal loans by QNB (5.55%), CBQ (5.99%) and Barwa Bank (2.02%)