EIBOR Rates
The Emirates Interbank Offered Rate (known as EIBOR) is the benchmark interest rate for lending between banks within the UAE, stated in UAE Dirhams (the UAE’s national unit of currency).
The EIBOR is also the reference rate used by borrowers and lenders to conduct financial transactions in the UAE for loans such as mortgages, personal and car loans.
EIBOR History
Disclaimer
"In consideration of the Panel of Banks, the Calculation Agent and the Central Bank of the UAE (together the "Suppliers") coordinating and supplying, the data from which EIBOR Fixings are compiled, any user of this website or third party acknowledges and agrees that, to the fullest extent permitted by law, none of the Suppliers:-
(1) Accept any responsibility or liability for the frequency of provision and accuracy of the EIBOR Fixings or any use made of the EIBOR Fixings by any subscriber or third party, whether or not arising from the negligence of any of the Suppliers;
OR
(2) Shall be liable for any losses whether they be direct, indirect, consequential, exemplary, incidental, special or punitive, including lost profit damages arising from the use of the EIBOR Fixings, even if the Suppliers were advised of the possibility of such damages, howsoever arising from any such irregularity, inaccuracy or use of the data."
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Last updated on: Monday 01 July 2024
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