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Qatar National Bank Releases Updated Deposit Rates for Various Currencies

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

According to Qatar News Agency, the latest deposit rates set by Qatar National Bank (QNB) have been released, detailing the interest rates for various currencies over different time periods.

For USD deposits, the rates are as follows: a one-month deposit yields an interest rate of 4.32467%, a two-month deposit is at 4.30165%, a three-month deposit stands at 4.27862%, a six-month deposit offers 4.11824%, and a twelve-month deposit has a rate of 3.85816%.

In the case of JPY deposits, the rates are 0.35000% for one month, 0.40000% for two months, 0.35000% for three months, 0.45000% for six months, and 0.55000% for twelve months. CHF deposit rates are negative, starting at -0.19000% for one month and gradually increasing to -0.03000% for a twelve-month term.

GBP deposit holders can expect a rate of 4.12000% for a one-month deposit, 4.19000% for two months, 4.18000% for both three and six months, and 4.10000% for a twelve-month duration.

For QAR deposits, the one-month rate is 4.85000%, with rates slightly decreasing over time to 4.50000% for a twelve-month deposit. SAR deposit rates show a one-month rate of 4.90000%, with an increase to 5.10000% over three and six months, before slightly dropping to 5.05000% for a twelve-month period.

AED deposits start at 2.05000% for one month, peaking at 3.15000% for a twelve-month deposit. BHD deposits offer the highest rates, beginning at 5.30000% for one month and decreasing to 4.85000% for a twelve-month deposit.

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