Doha: Qatar National Bank (QNB) has released updated deposit rates for a range of currencies, effective from Wednesday. The bank has provided detailed rates for different deposit tenures including one month, two months, three months, six months, and twelve months.
According to Qatar News Agency, the newly issued rates for USD deposits stand at 3.68814% for one month, 3.72776% for two months, 3.76738% for three months, 3.87676% for six months, and 4.03142% for twelve months. For JPY deposits, the rates are 0.95000% for one month, 1.09000% for two months, 1.05000% for three months, 1.20000% for six months, and 1.30000% for twelve months.
The CHF deposit rates have been set at -0.16000% for one month, -0.09000% for two months, 0.05000% for three months, 0.01000% for six months, and 0.20000% for twelve months. Meanwhile, the GBP deposit rates are 3.68000% for one month, 3.85000% for two months, 3.96000% for three months, 4.14000% for six months, and 4.44000% for twelve months.
For local and regional currencies, the rates for QAR deposits are 4.00000% for one month, 3.90000% for both two and three months, 3.85000% for six months, and 3.75000% for twelve months. SAR deposits are at 4.50000% for one month, 4.30000% for two months, 4.45000% for three months, 4.50000% for six months, and 4.60000% for twelve months.
The rates for AED deposits are 2.05000% for one month, 2.15000% for two months, 2.40000% for three months, 2.85000% for six months, and 3.15000% for twelve months. Finally, BHD deposit rates are set at 4.60000% for both one and two months, 4.65000% for three months, 4.70000% for six months, and 4.85000% for twelve months.