Doha: Qatar National Bank (QNB) has announced its latest deposit rates, which were released on Sunday. These rates cover a range of currencies including the US Dollar (USD), Japanese Yen (JPY), Swiss Franc (CHF), British Pound (GBP), Qatari Riyal (QAR), Saudi Riyal (SAR), United Arab Emirates Dirham (AED), and Bahraini Dinar (BHD).

According to Qatar News Agency, the rates for USD deposits start at 4.03217% for a one-month tenure and gradually decrease to 3.59429% for a twelve-month tenure. The JPY deposit rates begin at 0.35000% for one month and rise to 0.80000% for twelve months. CHF deposit rates are negative, starting at -0.17000% for one month and moving closer to zero at -0.01000% for twelve months. GBP deposit rates start at 3.95000% for one month and increase to 4.20000% for twelve months.

For deposits in QAR, the rates commence at 4.60000% for one month and decrease to 4.02500% for twelve months. SAR deposit rates range from 5.00000% for one month to 4.55000% for twelve months. AED deposit rates begin at 2.05000% for one month and rise to 3.15000% for twelve months. Finally, BHD deposit rates start at 5.03000% for one month and decrease slightly to 4.52000% for twelve months.