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Qatar National Bank Announces New Deposit Rates Across Currencies

Doha: Deposit rates at opening as issued on Tuesday by Qatar National Bank (QNB) have been updated for several major currencies including USD, JPY, CHF, GBP, QAR, SAR, AED, and BHD. These rates are crucial for investors and account holders who are looking to manage their deposits effectively.

According to Qatar News Agency, the deposit rates for USD are set at 3.66696 for 1-month deposits, 3.66603 for 2-month deposits, 3.66210 for 3-month deposits, 3.61733 for 6-month deposits, and 3.51764 for 12-month deposits. The rates for JPY are 0.70000 for 1-month deposits, 0.57000 for 2-month deposits, 0.63000 for 3-month deposits, 0.76000 for 6-month deposits, and 1.00000 for 12-month deposits.

CHF deposit rates are -0.13000 for a 1-month period, -0.05000 for both 2-month and 3-month periods, -0.02000 for 6-month deposits, and 0.19000 for 12-month deposits. For GBP, the rates stand at 3.65000 for 1-month deposits, 3.77000 for 2-month deposits, 3.74000 for 3-month deposits, 3.82000 for 6-month deposits, and 4.10000 for 12-month deposits.

In terms of regional currencies, QAR deposit rates are 4.05740 for 1-month deposits, 4.00000 for 2-month deposits, 3.90000 for 3-month deposits, 3.80000 for 6-month deposits, and 3.70000 for 12-month deposits. SAR rates are 4.50000 for 1-month deposits, 4.30000 for both 2-month and 12-month deposits, 4.40000 for 3-month deposits, and 4.30000 for 6-month deposits.

The deposit rates for AED are 2.05000 for 1-month deposits, 2.15000 for 2-month deposits, 2.40000 for 3-month deposits, 2.85000 for 6-month deposits, and 3.15000 for 12-month deposits. For BHD, the rates are 4.55000 for 1-month deposits, 4.56000 for 2-month deposits, 4.53000 for 3-month deposits, 4.30000 for 6-month deposits, and 4.20000 for 12-month deposits.

These rates provide a comprehensive overview of the deposit landscape as offered by Qatar National Bank and are essential for strategic financial planning.