Doha: Qatar National Bank (QNB) has released the latest deposit rates for various currencies, effective from Monday. The updated figures reflect the bank’s current offerings for USD, JPY, CHF, GBP, QAR, SAR, AED, and BHD across different timeframes ranging from one month to twelve months.

According to Qatar News Agency, the deposit rates for USD begin at 3.63881% for one month and increase progressively to 3.97023% for a twelve-month period. For JPY, the rates start at 0.95000% for one month, reaching up to 1.55000% over a year. The CHF rates, which begin at -0.20000% for one month, rise to 0.20000% for a twelve-month deposit. The GBP rates start at 3.83000% for a one-month deposit and go up to 4.50000% for twelve months.

For local and regional currencies, QAR deposit rates are set at 4.02880% for one month, stabilizing at 4.15000% for both six-month and twelve-month durations. SAR rates vary from 4.50000% for one month to 4.75000% for twelve months. AED deposit rates begin at 2.05000% for one month and climb to 3.15000% for a twelve-month period. Lastly, BHD rates start at 4.60000% for one month and increase to 4.85000% for twelve months.

These rates provide valuable insights for investors and account holders in Qatar and the region, as they navigate their financial planning and investment strategies.