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Fourth Quarter Profit Rates 2016

Declared Profit Rates* for the Fourth Quarter ending 31st December 2016 are as follows:

 

AED USD
Amount Slabs Advantage Profit Rate Amount Slabs Advantage Profit Rate
0 - 9,999 NIL 0 - 9,999 NIL
10,000 - 49,999 0.25% 10,000 - 49,999 NIL
50,000 - 99,999 0.50% 50,000 - 99,999 NIL
100,000 - 249,999 0.75% 100,000 - 249,999 NIL
250,000 - 499,999 1.00% 250,000 - 499,999 0.25%
500,000 - 999,999 1.00% 500,000 - 999,999 0.50%
1 Mio up to 5 Mio 1.00% 1 Mio and above 0.75%
5 Mio up to 10 Mio 1.25%    
10 Mio up to 25 Mio 1.25%    
25 Mio and above 1.00%    

 

AED USD
Amount Slabs Business Finance Profit Rate Amount Slabs Business Finance Profit Rate
0 - 19,999 NIL 0 - 19,999 NIL
20,000 - 49,999 NIL 20,000 - 49,999 NIL
50,000 - 99,999 0.25% 50,000 - 99,999 NIL
100,000 - 249,999 0.25% 100,000 - 249,999 NIL
250,000 - 499,999 0.50% 250,000 - 499,999 0.25%
500,000 - 999,999 0.75% 500,000 - 999,999 0.50%
1 Mio up to 5 Mio 0.75% 1 Mio up to 5 Mio 0.50%
5 Mio up to 10 Mio 1.00% 5 Mio and above 0.40%
10 Mio up to 25 Mio 0.75%    
25 Mio and above 0.50%    

 

AED 0.50%
USD 0.25%
EUR No Profit Payable
GBP 0.25%
AED 0.50%

 

AED 0.25%
USD 0.25%

 

  1=>-<3 Months 3=>-<6 Months 6=>-<12 Months 12 Months=>
25k up to < 100k 0.25% 0.50% 0.75% 1.00%
100k up to < 500k 0.25% 0.50% 0.75% 1.00%
500k up to < 1 Mio 0.25% 0.50% 0.75% 1.00%
1 Mio up to < 5 Mio 0.25% 0.50% 1.00% 1.25%
5 Mio up to < 20 Mio 0.25% 0.75% 1.25% 1.50%
20 Mio and above 0.25% 0.75% 1.25% 1.50%

 

  1=>-<3 Months 3=>-<6 Months 6=>-<12 Months 12 Months=>
100k up to < 500k 0.25% 0.25% 0.50% 0.75%
500k up to < 1 Mio 0.25% 0.25% 0.75% 1.00%
1 Mio up to < 5 Mio 0.25% 0.50% 0.75% 1.00%
5 Mio up to < 5 Mio 0.25% 0.50% 0.75% 1.00%
20 Mio and above 0.25% 0.50% 0.75% 1.00%

*The above rates should not be taken as any prediction, projection or forecast as to the future or likely performance of the accounts.