Doha: Deposit rates at opening as issued on Wednesday by Qatar National Bank (QNB) are as follows:
According to Qatar News Agency, the rates for USD deposits range from 4.32871% for a one-month term to 4.05369% for a twelve-month term. Japanese Yen (JPY) deposits start at 0.35000% for one month and increase to 0.55000% for twelve months.
For Swiss Franc (CHF) deposits, rates are consistent at 0.05000% for one and two months, drop to 0.01000% for three months, and rise again to 0.05000% for six months, before slightly decreasing to 0.04000% for twelve months. British Pound (GBP) deposits have rates starting at 4.18000% for one month, peaking at 4.30000% for twelve months.
Qatari Riyal (QAR) deposits start at 4.85000% for one month and decrease to 4.50000% for twelve months. Saudi Riyal (SAR) deposits begin at 4.90000% for one month, peaking at 5.10000% for three months, and then reduce to 4.80000% for twelve months.
Deposits in United Arab Emirates Dirham (AED) range from 2.05000% for one month to 3.15000% for twelve months. Bahraini Dinar (BHD) deposits are consistent at 5.00000% for one to six months, before lowering to 4.50000% for a twelve-month term.