Doha: Qatar National Bank (QNB) has released its latest deposit rates, effective as of Sunday, providing detailed insights into interest rates for various tenures and currencies. The rates span across key international and regional currencies, including USD, JPY, CHF, GBP, QAR, SAR, AED, and BHD.

According to Qatar News Agency, for USD deposits, the rates open at 3.65677% for a one-month term, gradually increasing to 4.04506% for a twelve-month term. The Japanese Yen (JPY) starts at a rate of 0.80000% for one month and rises to 1.38000% for twelve months. The Swiss Franc (CHF) exhibits negative rates initially at -0.19000% for one month, moving into positive territory with 0.20000% for a twelve-month deposit.

The British Pound (GBP) sees a starting rate of 3.72000% for a one-month deposit, reaching up to 4.58000% for a year-long term. Regional currencies show competitive rates as well, with the Qatari Riyal (QAR) offering 4.00000% for one month, tapering slightly to 3.75000% over twelve months.

Saudi Riyal (SAR) rates begin at 4.50000% for one month and conclude at a rate of 4.60000% for twelve months. The United Arab Emirates Dirham (AED) starts at 2.05000% and increases to 3.15000%. The Bahraini Dinar (BHD) shows a starting rate of 4.57000% and reaches 5.08000% for a one-year deposit.

These rates reflect QNB's current offerings and provide a comprehensive view of the potential returns on short-term and long-term deposits across multiple currencies for customers and investors alike.