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Qatar National Bank Releases Latest Deposit Rates

Doha: Deposit rates at opening as issued on Monday by Qatar National Bank (QNB) are as following:

According to Qatar News Agency, the deposit rates for various currencies have been detailed for different tenures. For USD, the rates are 3.66727% for 1 month, 3.705055% for 2 months, 3.74284% for 3 months, 3.84312% for 6 months, and 3.98600% for 12 months. The rates for JPY have been set at 0.95000% for 1 month, 1.00000% for 2 months, 1.05000% for 3 months, 1.20000% for 6 months, and 1.30000% for 12 months.

Deposit rates for CHF are slightly negative for shorter terms, with -0.05000% for 1 month, -0.09000% for 2 months, -0.06000% for 3 months, but turning positive at 0.20000% for 12 months. GBP deposit rates are 3.66000% for 1 month, 3.87000% for 2 months, 3.93000% for 3 months, increasing to 4.18000% for 6 months, and reaching 4.50000% for 12 months.

For the QAR, rates are 4.02880% for 1 month, 4.07330% for 2 months, 4.11770% for 3 months, 4.22200% for 6 months, and 4.36020% for 12 months. SAR deposit rates are 4.50000% for 1 month, 4.30000% for 2 months, 4.45000% for 3 months, 4.50000% for 6 months, and 4.60000% for 12 months.

Deposit rates for AED are 2.05000% for 1 month, 2.15000% for 2 months, 2.40000% for 3 months, 2.85000% for 6 months, and 3.15000% for 12 months. BHD deposit rates are uniform at 4.60000% for 1 month, 2 months, and 6 months, with slight increases to 4.65000% for 3 months and 4.85000% for 12 months.

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