Doha: Qatar National Bank (QNB) has announced its latest deposit rates effective from Thursday, revealing the interest rates for various currencies including USD, JPY, CHF, GBP, QAR, SAR, AED, and BHD.
According to Qatar News Agency, the deposit rates for USD range from 3.64445% for a one-month deposit to 4.03302% for a 12-month deposit. The Japanese Yen (JPY) rates begin at 0.71000% for a one-month deposit, increasing to 1.55000% for a 12-month period. The Swiss Franc (CHF) has rates starting at -0.18000% for a one-month deposit and reaching 0.20000% for a 12-month deposit. For the British Pound (GBP), rates start at 3.78000% for one month and rise to 4.45000% for a year-long deposit.
The deposit rates for Qatari Riyal (QAR) begin at 4.10000% for one month, with a gradual increase to 4.47950% for a 12-month deposit. Saudi Riyal (SAR) rates start at 4.50000% for a one-month term and reach 4.60000% for a 12-month period. The United Arab Emirates Dirham (AED) shows rates from 2.05000% for one month to 3.15000% for a year. Finally, the Bahraini Dinar (BHD) rates begin at 4.60000% for a one-month deposit and increase to 4.80000% for a 12-month deposit.