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Qatar National Bank Releases Latest Deposit Rates

Doha: Deposit rates at opening as issued on Thursday by Qatar National Bank (QNB) have been detailed.

According to Qatar News Agency, the bank has announced rates for multiple currencies over various tenors, providing a comprehensive insight into the current deposit landscape.

For deposits in USD, the rates are set at 4.33909 for 1 month, 4.27146 for 2 months, 4.20383 for 3 months, 4.05579 for 6 months, and 3.83092 for 12 months. JPY deposit rates start at 0.40000 for 1 month, rising to 0.55000 for 12 months. CHF sees slightly negative rates, with -0.11000 for 1 month, and -0.13000 for 12 months. Meanwhile, GBP rates begin at 3.96000 for 1 month and reach 4.11000 for 12 months.

For QAR deposits, the rates begin at 4.82500 for 1 month and decrease to 4.42500 for 12 months. SAR deposit rates range from 4.90000 for 1 month to 5.05000 for 12 months. AED rates start at 2.05000 for 1 month, ending at 3.15000 for 12 months. BHD maintains a consistent rate of 5.00000 for periods of up to 6 months, before slightly decreasing to 4.50000 for 12 months.

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