Doha: Qatar National Bank (QNB) has released its updated deposit rates as of Monday, providing insights into the interest rates across various currencies for different tenures.

According to Qatar News Agency, the deposit rates for USD, JPY, CHF, and GBP reveal a range of interest rates for fixed deposit tenures. For USD deposits, the interest rates start at 4.32274% for a one-month deposit and decrease to 4.06088% for a twelve-month deposit. JPY deposits show a lower interest rate, beginning at 0.35000% for one month and peaking at 0.55000% for a twelve-month tenure. CHF deposit rates are relatively stable, ranging from 0.01000% for one month to -0.08000% for a six-month deposit. In contrast, GBP deposits start at 4.18000% for one month, with the highest rate being 4.40000% for a three-month tenure.

The deposit rates for QAR, SAR, AED, and BHD also vary across different tenures. QAR deposits start at 4.85000% for one month and gradually decrease to 4.50000% for a twelve-month deposit. SAR deposit rates commence at 4.90000% for a one-month deposit, with the highest rate of 5.10000% for a three-month tenure. AED deposits have a starting rate of 2.05000% for one month, increasing to a peak of 3.15000% for a twelve-month tenure. BHD deposits maintain a consistent rate of 5.00000% across all tenures except for the twelve-month deposit, which is slightly lower at 4.50000%.

These rates provide potential investors and customers with valuable information for making informed decisions regarding their financial investments and savings.