Doha: Qatar National Bank (QNB) has released the latest deposit rates, applicable from Monday, covering multiple currencies including USD, JPY, CHF, GBP, QAR, SAR, AED, and BHD. These rates are crucial for investors and account holders looking to optimize their savings and investment strategies in the current financial landscape.
According to Qatar News Agency, the USD deposit rates for QNB have been set with a one-month rate of 4.35325, a two-month rate of 4.27391, a three-month rate of 4.19457, a six-month rate of 4.03499, and a twelve-month rate of 3.80030. For JPY, the rates are 0.40000 for one month, 0.43000 for two months, 0.34000 for three months, 0.43000 for six months, and 0.54000 for twelve months.
In terms of CHF deposits, the rates are negative, with a one-month rate of -0.12000, a two-month rate of -0.11000, a three-month rate of -0.17000, a six-month rate of -0.05000, and a twelve-month rate of -0.14000. GBP deposit rates are set at 3.95000 for one month, 4.04000 for two months, 4.01000 for three months, 4.10000 for six months, and 4.12000 for twelve months.
For deposits in QAR, the one-month rate is 4.85000, two months at 4.80000, three months at 4.75000, six months at 4.50000, and twelve months at 4.40000. SAR deposit rates are fixed at 4.90000 for one month, 5.00000 for two months, 5.45000 for three months, 5.10000 for six months, and 4.70000 for twelve months.
Additionally, AED deposit rates are 2.05000 for one month, 2.15000 for two months, 2.40000 for three months, 2.85000 for six months, and 3.15000 for twelve months. The BHD deposit rates are reported as 5.30000 for one month, 5.02000 for two months, 4.98000 for three months, 4.95000 for six months, and 4.94000 for twelve months.