Doha: Deposit rates at Qatar National Bank (QNB) have been released, offering various terms for different currencies. The rates were issued on Sunday, providing options for 1-month, 2-month, 3-month, 6-month, and 12-month deposits across a range of currencies including USD, JPY, CHF, GBP, QAR, SAR, AED, and BHD.
According to Qatar News Agency, the deposit rates for USD begin at 3.68243% for a one-month term and decrease to 3.42647% for a twelve-month term. JPY deposit rates start at 0.55000% for one month, increasing to 0.93000% for twelve months. CHF rates are negative for shorter terms, starting at -0.20000% for one month, and turn positive at 0.02000% for twelve months. GBP rates start at 3.76000% for one-month deposits and reach 4.00000% for a twelve-month term.
For Qatari Riyal (QAR), the rates begin at 4.07500% for one-month deposits and reduce to 3.75000% for twelve months. Saudi Riyal (SAR) rates are 4.50000% for one month and remain at 4.30000% for both six and twelve months. AED rates start at 2.05000% for one month and rise to 3.15000% for twelve months. Lastly, BHD rates are highest at 4.60000% for one month, decreasing to 4.10000% for twelve months.