 |
Base & Wakala Deposit Rates |  |
BASE RATES
| BASE RATE TYPE | RATE |
|---|---|
| HBZ Prime Rate (HBZPR) - applicable to Business History | 10.50% |
| HBZ UAE LR (HBZLR) - applicable to Individuals History | 10.25% |
WAKALA DEPOSIT RATES (Indicatives)
| CURRENCY | TENOR / RATES (% per annum) | ||||||
|---|---|---|---|---|---|---|---|
| 1 month | 3 months | 6 months | 9 months | 12 months | 18 months | 24 months | |
| AED (United Arab Emirates Dirham) History | 0.35% | 0.45% | 0.50% | 0.75% | 0.75% | 1.00% | 1.25% |
| USD (United States Dollar) History | 0.35% | 0.45% | 0.50% | 0.75% | 0.75% | 1.00% | 1.25% |
NOTES:
- Rates are reviewed and updated by the HBZ Management every quarter.
- HBZ Prime rate (HBZPR) and HBZ UAELR rate (HBZLR) Base rates are subject to change from time to time at the sole discretion of the Bank, without prior notice.
- Wakala Deposit rates are subject to change at the sole discretion of the bank, without prior notice.
- In case of any further details, please contact your Branch.