Doha: Qatar National Bank (QNB) announced its latest deposit rates on Tuesday, detailing 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 the USD are set at 4.34314% for 1 month, 4.29891% for 2 months, 4.25467% for 3 months, 4.10356% for 6 months, and 3.87466% for 12 months. The JPY deposit rates start at 0.40000% for 1 month and gradually adjust to 0.55000% for 12 months.
For the CHF, rates begin at -0.18000% for 1 month and rise to -0.03000% for 12 months. GBP deposit rates vary from 3.93000% for 1 month up to 4.02000% for a 12-month term.
The QAR deposit rates start at 4.82500% for 1 month and decrease to 4.42500% for 12 months. For SAR, the rates rise from 4.90000% for 1 month to 5.05000% for 12 months. AED deposit rates begin at 2.05000% for 1 month and increase to 3.15000% for 12 months. BHD rates start at 5.25000% for 1 month and decrease to 4.85000% for 12 months.
These rates by QNB reflect the current financial climate and are subject to change based on market conditions.