UAE: Rising EIBOR Reflecting Low Confidence.The article reports on the increased cost for private sector borrowers in accordance with the rise in three-month Emirates Interbank Offered Rate (EIBOR), raising concern for the Central Bank of the United Arab Emirates....
Noor Bank Launches New Home Finance Proposition Most United Arab Emirates interbank offered rates (EIBOR) rose on Sunday as the central bank introduced a new way to compute them, Reuters has reported. UAE central bank introduces new rating system More results ► Acronyms browser ? ▲ EIASC EIA...
*Above rates as published on Central Bank’s website are available on T+2 basis, i.e. Rates published on Central Bank’s website for 1st of a month will be applied on 3rd of the same month, as given above. To view UAE Central Bank’s latest EIBOR, please visit centralbank.ae...
The article presents economic outlook for the United Arab Emirates (UAE) by Business Monitor International (BMI) Ltd., in relation to its banking system. It mentions that the rise in the Emirates Interbank Offered Rate (EIBOR), signals a warning that liquidity and confidence within the banking ...