Interbank

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Interbank

Describing any loan, deposit, transaction or other relationship between two banks. Interbank transactions provide a great deal of liquidity to the market. Interbank interest rates are often used as benchmarks for other rates. See also: Interbank loan, Interbank rate, Interbank deposit.
References in periodicals archive ?
As for the Chinese banking system, it is clumsy to obtain actual data of interbank transactions. Consequently, we consider building the co-loan network indirectly to study the network structures of the Chinese banking system.
Al Amri said sukuk (Islamic bonds) issuances from both the government and private sector had proved popular, while short-term liquidity management was being done through interbank transactions. "The CBO is currently engaged in the consultative process of establishing liquidity management tools, and the initial progress in this regard has been satisfactory," he told OBG.
Mohseni reiterated that the base mode for binding financial markets of Iran and South Korea through Islamic treasury bills is in its final stages and would be implemented in the near future in case of removal of restrictions on exchange and interbank transactions.
34 Of which: Interbank transactions -41,540 -44,721
The official rate of the US dollar in interbank transactions is EGP 8.78, while individuals buy the US dollar from banks at a price of EGP 8.88.
Interbank transactions settled in large-value payment systems are not labeled as such in most systems around the world (Heijmans et al., 2010), whereas the Colombian large-value payment system obliges financial institutions to use specific codes when registering interbank transactions.
The cooperation would focus on different areas, including bilateral Treasury and interbank transactions for liquidity investment and borrowing foreign exchange, as well as identifying opportunities for structured trade finance operations in Morocco and other markets.
The main objective of the MoU is to promote a long-term and comprehensive relationship between ITFC and Attijariwafa bank in different areas that include bilateral treasury and interbank transactions for liquidity investment and borrowing foreign exchange.
The main objective of the MoU is to promote a long term and comprehensive relationship between ITFC and Attijariwafa in different areas that include bilateral treasury and interbank transactions for liquidity investment and borrowing foreign exchange.
So gtransactions among reporting dealersh means approximately the same as interbank transactions.Strategic Currency Policy of JapanIn response to this strategy of ASEAN countries the Japanese government agreed with five of the member states (Indonesia Malaysia the Philippines Singapore and Thailand) bilaterally on financial market cooperation in a meeting of finance ministers and central bank governors in Delhi in May 2013 when the Asian Development Bank held its annual meeting there.
He also reiterated the importance of clearing and settling of domestic interbank transactions in Namibia in order to properly manage and control domestic exposures and risks, adding that the localisation of core banking systems would go a long way in minimising certain payment system risks.