Internal Base Rate (IBR) is the sum of the percentage of the price of liabilities in the Balance Sheet of Municipal Bank AD and the percentage of Non-Interest Expenses in the annual Income Statement of the Bank. IBR is calculated under an Internal Base Rate Definition Methodology of Municipal Bank AD and is applicable to loans provided in national and foreign currencies.
The current Internal Base Rate for loans to individuals and corporate entities is 6.96 %.
Internal Base Rates applied by Municipal Bank AD in the formation of the interest rates under loans provided to individuals and corporate customers
|
Date (as of)
|
IBR, (%)
|
| 20.07.2009 |
9.12 |
| 22.02.2010 |
9.20 |
| 20.09.2017 |
6.96 |