Qatar National Bank Releases New Deposit Rates Across Multiple Currencies

Doha: Qatar National Bank (QNB) has announced the latest deposit rates for various currencies as of Sunday. The rates, which cover a range of maturities from one month to twelve months, show the interest offered on deposits in several major currencies including USD, JPY, CHF, GBP, QAR, SAR, AED, and BHD.

According to Qatar News Agency, the deposit rates for the US Dollar (USD) start at 4.32509% for one month, decreasing slightly to 3.95682% for twelve months. For the Japanese Yen (JPY), rates begin at 0.28000% for one month and increase to 0.55000% for twelve months. The Swiss Franc (CHF) displays a rate of 0.01000% for a one-month maturity, with a negative rate of -0.04000% for three months. The British Pound (GBP) starts at 4.22000% for one month, with a slight increase to 4.25000% over twelve months.

For the Qatari Riyal (QAR), the one-month rate is 4.85000%, decreasing to 4.45000% for a twelve-month term. The Saudi Riyal (SAR) begins at 4.90000% for one month and decreases to 4.80000% for twelve months. The United Arab Emirates Dirham (AED) starts at 2.05000% for one month, increasing to 3.15000% for twelve months. Lastly, the Bahraini Dinar (BHD) offers a rate of 5.26000% for one month and decreases to 4.59000% for twelve months.

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