Change in Base Rate

Dear Valued Customers,

In view of the market interest rate movements, we are revising our Base Rates as below:

effective 10-Mar-2023, our HBZ Prime Rate (HBZPR) for Business Customers will be revised from 9.00% to 9.75%
effective 10-Apr-2023, our HBZ Lending Rate (HBZLR) for Individual Customers will be revised from 9.00% to 9.75%

In case of any questions, please contact your Relationship Manager or Branch Manager. We look forward to continuing this valued relationship.

Habib Bank AG Zurich
United Arab Emirates