IBF


Also found in: Dictionary, Acronyms, Wikipedia.

IBF

International Banking Facility

A bank or other financial institution that makes loans and accepts deposits for foreign clients. IBFs are not subject to the same reserve requirements or interest rate restrictions as banks providing services for domestic clients. This allows them to be competitive with banks in foreign countries. See also: Eurodollar.
References in periodicals archive ?
In the co-featured bout, Filipino Giemel Magramo (23-1, 19 KOs) faces Komgrich Nantapech (25-5, 16 KOs) of Thailand with the winner earning a shot at the IBF flyweight title.
"Winning the IBF title is my destiny and when I do win, Brendan will be watching me."
Only two Filipinos are rated in the top 10 by all five boxing bodies ndash the IBF, WBA, WBO, IBO and WBC.
"Since joining forces with Tommy's team of Dave Garside, Neil Fannan and Phil Jeffries I have been negotiating with the IBF," explained Hobson, who has previously guided Clinton Woods, Jamie McDonnell, and Stuart Hall on to IBF World Championships.
DeGale had been expected to face Venezuelan fighter Jose Uzcategui, who is ranked No.1 with the IBF.
"In light of this ruling, I think the IBF has completely mistreated GGG.
However, Joshua recognises the same risk applies with the IBF title should he prioritise the undefeated Ortiz, 38, over the 36-year-old Pulev.
He won the IBF title earlier this year when he beat Charles Martin.
The 30-year-old reigning IBF welterweight champion will step up two weight divisions at London's O2 Arena to challenge a fighter widely considered the most dangerous in the world.
KELL Brook will move up two weight divisions to face WBC, WBA and IBF middleweight champion Gennady Golovkin on September 10 at London's O2 Arena.
LIVERPOOL heavyweight David Price has hit out at the IBF's inaction over Erkan Teper's lofty ranking, despite the German's two-year ban.