Qatar National Bank Releases Updated Deposit Rates

Doha: Deposit rates at opening as issued on Wednesday by Qatar National Bank (QNB) are now available.

According to Qatar News Agency, the rates for various currencies and terms have been outlined for interested investors.

For USD deposits, the rates are 4.15791% for 1 month, 4.07904% for 2 months, 4.00017% for 3 months, 3.84580% for 6 months, and 3.61807% for 12 months. Japanese Yen (JPY) deposit rates are 0.40000% for 1 month, 0.45000% for 2 and 3 months, 0.50000% for 6 months, and 0.60000% for 12 months.

The Swiss Franc (CHF) shows negative rates with -0.20000% for 1 month, -0.12000% for 2 months, -0.21000% for 3 months, -0.02000% for 6 months, and -0.09000% for 12 months. British Pound (GBP) deposit rates include 4.00000% for 1 month, 3.96000% for 2 months, 4.02000% for 3 months, 4.10000% for 6 months, and 4.11000% for 12 months.

For Qatari Riyal (QAR) deposits, the rates are 4.56667% for 1 month, 4.50000% for 2 months, 4.33333% for 3 months, 4.25000% for 6 months, and 4.01667% for 12 months. Saudi Riyal (SAR) deposit rates remain consistent at 5.00000% for 1, 3, and 6 months, with slight variations at 4.90000% for 2 months and 4.95000% for 12 months.

The UAE Dirham (AED) deposit rates are 2.05000% for 1 month, 2.15000% for 2 months, 2.40000% for 3 months, 2.85000% for 6 months, and 3.15000% for 12 months. Bahraini Dinar (BHD) rates are 5.07000% for 1 month, 4.62000% for 2 months, 4.57000% for 3 and 6 months, and 4.53000% for 12 months.

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