NOTICE: RENAMING OF BASE RATE
	
	
	Retail Customers:
	Habib Bank AG Zurich, UAE will  revise its  Base Rate  for  calculating
	interest applicable to your credit facilities from “Consumer Base Rate”
	to “HBZ Lending Rate” (HBZLR). Effective 1st August 2018, HBZLR will be
	the new reference rate for calculating the bank’s Base Rate on all your
	Credit Facilities.
	     
	HBZLR will be 4.50%. 
	     
	Commercial Customers:  
	Habib Bank AG Zurich, UAE will  revise its  Base Rate  for  calculating
	interest  applicable  to your  credit  facilities from  “Base Rate”  to
	“HBZ Prime Rate” (HBZPR).  Effective 1st August 2018, HBZPR will be the
	new reference rate for  calculating the bank’s  Base  Rate  on all your
	facilities.
	     
	HBZPR will be 4.50%.
	
	
	For further information,  please speak to your  Relationship Manager or
	Branch Manager  or  click  here  to refer to the  FAQs  related  to the
	Base Rate.