Doha: Qatar National Bank (QNB) has released its latest deposit rates, showcasing varied rates across several international currencies. The rates, issued on Monday, are applicable for different tenures ranging from one month to twelve months.
According to Qatar News Agency, the deposit rates for USD, JPY, CHF, and GBP display significant variation. For USD, the rates are 3.98631% for one month, decreasing to 3.47879% for a twelve-month tenure. JPY deposit rates start at 0.40000% for one and two months, increasing slightly to 0.55000% for twelve months. CHF rates begin at -0.18000% for one month and improve marginally to -0.03000% for twelve months. GBP shows a one-month rate of 4.02000%, rising to 4.11000% for three months but leveling out at 3.98000% for six and twelve months.
In the regional currency spectrum, QAR, SAR, AED, and BHD rates are also detailed. QAR deposits offer a 4.60000% rate for one month, reducing to 4.10000% for a twelve-month tenure. SAR rates decrease from 5.00000% for one month to 4.55000% for twelve months. AED rates show an upward trend from 2.05000% for one month to 3.15000% for twelve months. BHD rates remain steady at 4.75000% for tenures up to six months, before dropping to 4.25000% at twelve months.