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Banking

Abu Dhabi Commercial Bank – Current MCLR Base Rate for Lending

Abu Dhabi Commercial Bank has hiked its One Year MCLR Base Rate or the minimum lending rate by 0.05%, or 05 basis points with effect from Friday, September 07, 2018. Abu Dhabi Commercial Bank has revised its One Year MCLR Base Rate from 9.20 percent to 9.25 percent per annum.

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Banking

Abu Dhabi Commercial Bank – Current Benchmark Prime Lending Rate

Abu Dhabi Commercial Bank has decreased its Benchmark Prime Lending Rate by 0.20%, or 20 basis points with effect from Tuesday, November 01, 2016. This interest rate cut will decrease the cost for those people who have taken their loans on floating rate of interest.