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Qatar National Bank Announces Updated Deposit Rates for Multiple Currencies

Doha: Deposit rates at opening as issued on Thursday by Qatar National Bank (QNB) are as following: USD JPY CHF GBP

According to Qatar News Agency, deposit rates for USD start at 3.64933% for a one-month term, gradually increasing to 3.70668% for a twelve-month term. For JPY, the rates begin at 0.70000% for one month and reach 1.11000% for a twelve-month period. The CHF rates start at -0.34000% for a one-month term and increase to 0.15000% over twelve months. GBP rates commence at 3.65000% for a one-month deposit, rising to 4.75000% for a twelve-month term.

For local and regional currencies, QAR rates start at 4.07395% for a one-month term and decrease to 3.92005% for a twelve-month period. SAR deposit rates begin at 4.50000% for one month and stabilize at 4.30000% for longer terms. AED rates start at 2.05000% for a one-month term, increasing to 3.15000% for a twelve-month deposit. BHD rates start from 4.60000% for a month, decreasing to 4.10000% for a twelve-month term.