Qatar Interest Rates

The Qatar economy with a population of 1.69 Million (Est 2010) ranks 65th in the world with a GDP PPP of 94 billion and GDP PPP per capita of 78,260 vs 45,934 (United States) according to the IMF in 2009. Its currency is the Qatari Riyal (QAR). Bank deposits held for a fixed term in Qatar are called fixed deposits. According to CIA.gov its inflation was 15.2% in 2008 and -4.9% in 2009.

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Qatar Bank Interest Rates

Showing rates for 11 Bank deposit providers in Qatar.
Bank Branch Founded Ownership
QNB QNB 62 1964 Local
Commercial Bank of Qatar Commercial Bank Of Qatar 33 1975 Local
Qatar Islamic Bank Qatar Islamic Bank 32 1982 Local
Doha Bank Doha Bank 31 1978 Local
Ahli Bank Qatar Ahli Bank Qatar 17 1983 Local
Qatar International Islamic Bank Qatar International Islamic Bank 15 1991 Local
Masraf Al Rayan Masraf Al Rayan 11 2006 Local
IBQ IBQ 6 1956 Foreign
Barwa Bank Barwa Bank 5 N/A
HSBC Qatar HSBC Qatar 3 1954 Foreign

Qatar Discussion Activity

  • Commercial Bank Of Qatar
    Q: I want to know the policies and rates for recurring deposit.

    Indu Prasannan Nai from Doha, Qatar
  • QNB
    Q: Hello, I am wondering if QNB has any saving account in the UK? Where can I get the information? How much is the interest rate? Many thanks

    Daniel Santamaria from United Kingdom
  • QNB
    Q: I want to know if I open E-saving account with minimum required amount and add on monthly less then minimum required amount, what will be the interest rate? Moreover, i would like to know how many times in a month can I take amount from my save account to current account? And what is the limit of per day transaction?

    Amena from Denton, United States