The Emirates Interbank Offered Rate (EIBOR) is the benchmark interest rate, stated in UAE Dirhams, for lending between banks within the United Arab Emirates market. The EIBOR is calculated as an average where a panel of 9 banks submit their daily rates, with the two highest and lowest rates removed, and taking an average mean of the remaining rates

Interbank Rate in the United Arab Emirates increased to 4.29 percent on Monday March 10 from 4.19 in the previous day. This page provides - United Arab Emirates Interbank Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

We update daily and display the EIBOR rates set by the Central Bank of the U.A.E. Also, we graph the EIBOR rates to present a visual representation of the trend.

Jan 1, 2025 · EIBOR is the Emirates Interbank Offered Rate, a benchmark interest rate used in the UAE for determining the cost of borrowing between banks. It is based on the average interbank deposit rates offered by a panel of UAE banks.

Oct 24, 2022 · The Emirates Interbank Offered Rate (EIBOR) is a synthetic benchmark interest rate derived from the interest rates that major banks in the UAE offer to other banks for short-term loans.

Apr 17, 2024 · The Emirates Interbank Offered Rate, commonly called EIBOR, is the benchmark interest rate for lending between banks in the UAE market. Calculated daily, it determines the interest rate for transactions, including mortgages, personal loans and Ijara (Islamic finance).

The Emirates Interbank Offered Rate (EIBOR), also abbreviated as EBOR, [1] [2] is a daily reference rate, published by the UAE Central Bank, based on the averaged interest rates at which UAE banks offer to lend unsecured funds to other banks in the United Arab Emirates dirham wholesale money market (or interbank market).

Dec 27, 2022 · The Emirates Interbank Offered Rate or EIBOR is the benchmark interest rate by which banks lend to each other. It acts as a reference rate that’s used when determining interest rates for financial transactions such as mortgage loans.

Mar 1, 2025 · Emirates Interbank Offered Rate (EIBOR): Fixing: CBUAE: Overnight data is updated daily, averaging 0.506 % pa from Jun 2013 (Median) to 11 Mar 2025, with 2998 observations. The data reached an all-time high of 5.300 % pa in 04 Jan 2024 and a record low of 0.069 % pa in 15 Apr 2021.

Mar 16, 2024 · The Emirates Interbank Offered Rate (EIBOR) is a crucial benchmark interest rate used in the United Arab Emirates (UAE) for various financial transactions, including mortgages, personal loans, and car loans.