-
Investor Relations
- Corporate Governance
- Investor Presentations
- Annual Reports
- Compliance and AML
- Sustainability
- Financial Information
- Shareholders Toolkit
- FAQs
- Investors’ Queries
-
-
-
Accounts
- Al Hayrat Account
- Current Account
- Fixed Deposits Account
- Money Maker Account
- Salary Transfer Account
- Starmaker Account
- Super Saver Account
-
Al Wajaha
- Overview
-
BBK Lite
- Overview
-
NRI
- NRI Services
-
Debit Cards
- Classic
- Gold
- Signature
- Infinite
-
Self-service Banking
- ATM
- Deposit Machines
- Interactive Teller Machines
- Bank Certificates Issuance Machines
- Debit Card Issuance Machines
-
Foreign Exchange
- Remittance
- American Express
-
-
-
Insurance
- Home Secura
- Motor Secura
- Travel Secura
-
Investment
- Bonds
- IPO
- Mutual Funds
- Real Estate Investment
-
-
-
Branches and Self-Service
- Branches
- ATM
- Deposit Machines
- Debit Card Issuance Machines
- Corporate Deposit Machines
- Interactive Teller Machines
- Bank Certificates Issuance Machines
-
Contactless Payments
- Apple Pay
- Samsung Wallet
- Google Pay
- Garmin Pay
- Fitbit Pay
-
More Ways to Bank
- Mobile app & Online Banking
- eStatements
- BBK BanKey
- Corporate Deposit Card
- Debit Card
- Telebanking
- Open Banking
- AFAQ Payment System
- Remittance
- Visa Click to Pay
-
Sign Language
- Sign Language Directory
-
-
-
-
-
Accounts
- Business Current Account
- Business Fixed Deposit Account
-
Cash Management
- Bankey eBanking
- Payroll Services
- Deposit Machines
- POS Credimax
- Remittance
-
-
-
Working Capital Finance
- Overdraft
- Cheque discounting
- Short Term Loans
-
Long Term Finance
- Project Finance
- Assets Finance
- Real estate Finance
-
-
-
Corporate Banking
- Government Affairs
- Real Estate, Services and Trading
- Contracting, Building Material, and Manufacturing
-
International Banking
- Overview
- Services
- NRI
- Offshore Branches
- Representative offices
-
Enterprise Banking
- Overview
-
-
-
-
-
FINANCIAL NEWS
UAE Central Bank mulls lowering interbank rate
16 Feb 2010
(MENAFN) The Central Bank of the UAE said that its interbank offered rates (EIBOR) do not reflect true market lending rates and it will consult with commercial banks on how to lower them, Reuters reported.
Senior Executive Director at the central bank’s Treasury Department, Hadef Al-Shamsi, said that the EIBOR does not reflect true market rates, and should be discussed thoroughly at the treasury’s next meeting with commercial banks.
However, some commercial bankers said that traded rates in the UAE were only likely to decline if deposits increased.
EIBOR rates, which is based on quotes provided by several banks, have been rising in recent weeks touching six-month highs, as banks chase deposits they need for longer-term funding and as offshore credit has dried up because of uncertainties over Dubai’s debt restructuring.
Al-Shamsi noted that there are several demands and proposals from banks on how to bring the rates down, which would be discussed in the central bank’s next meeting.
More News
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
26 Jan 2026
BBK Enhances Autumn Fair 2026 Experience with Customized Rewards and Premium Services
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more