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interbank

   Also found in: Financial 0.01 sec.
in·ter·bank  (ntr-bngk)
adj.
Relating to, involving, or connecting two or more banks: interbank borrowing; an interbank network of automated teller machines.

interbank [ɪntəˈbæŋk]
adj
(Economics, Accounting & Finance / Banking & Finance) conducted between or involving two or more banks
Translations
interbank
adj (Fin) interbank depositsBank-bei-Bank-Einlagen pl; interbank loanBank-an-Bank-Kredit m


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Summary: DUBAI u The UAE central bank will launch its new mechanism for fixing the interbank offered rate on October 1, bankers said on Sunday, as it moves to lower rates it says are too high and do not reflect the market.
The financial markets are showing signs of normalising, with interbank money markets recovering to levels not seen since early 2008, the world's biggest central bank body said Sunday.
Byline: Daily Star Staff Summary: <p>United Arab Emirates (UAE) interbank rates are likely to extend falls after the central bank mulled a new meA[degrees]chanism last week, but more meaA[degrees]sures will be needed to boost lending and revive the ecoA[degrees]nomy, banA[degrees]kers said Wednesday.
 
 
 
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