Qatar National Bank Releases New Deposit Rates for Multiple Currencies

Doha: Qatar National Bank (QNB) has unveiled its latest deposit rates as of Thursday, offering a detailed breakdown for various currencies including USD, JPY, CHF, GBP, QAR, SAR, AED, and BHD. These rates provide critical insights for investors and account holders looking to make informed decisions about their deposits.

According to Qatar News Agency, the bank's deposit rates for USD across different time frames range from 3.62128% for a one-month deposit to 3.91842% for a twelve-month deposit. For the Japanese Yen (JPY), rates start at 0.80000% for a one-month deposit, increasing to 1.24000% for a twelve-month deposit. Meanwhile, the Swiss Franc (CHF) offers a rate of -0.15000% for a one-month deposit, moving to 0.15000% for a twelve-month deposit.

The bank has also set its deposit rates for the British Pound (GBP), starting at 3.65000% for a one-month deposit and reaching 4.52000% for a twelve-month deposit. For the Qatari Riyal (QAR), rates begin at 4.05000% for a one-month deposit and decrease to 3.75000% for a twelve-month deposit.

Saudi Riyal (SAR) rates begin at 4.50000% for a one-month deposit and stabilize at 4.30000% for both six and twelve months. The United Arab Emirates Dirham (AED) starts at 2.05000% for a one-month deposit and increases to 3.15000% for a twelve-month deposit. Lastly, the Bahraini Dinar (BHD) offers rates from 4.60000% for a one-month deposit to 4.69000% for a twelve-month deposit.

These rates represent QNB's commitment to offering competitive and transparent financial products to its customers.