interbank
adjective
in·ter·bank
ˌin-tər-ˈbaŋk 
variants
or less commonly inter-bank
: occurring between or involving two or more banks
interbank loans
Examples of interbank in a Sentence
Recent Examples on the Web
Actual market rates for interbank credit transactions that impact the economy are often significantly higher than the FFR target.
—
George Calhoun, Forbes, 26 Sep. 2024
These concerns may, for instance, have explained Germany and Italy’s initial opposition to suspending Russian access to the SWIFT global interbank payment system.
—Niclas Poitiers, Foreign Affairs, 27 Feb. 2022
Germany’s nearly two trillion euros of claims in Target 2, an interbank payment system for processing cross-border transfers throughout the EU, would make its withdrawal from the eurozone extremely costly, as much of that money would be lost.
—Daniela Schwarzer, Foreign Affairs, 2 Oct. 2012
Changing the target federal funds rate is the Fed’s primary way to manipulate the economy, with rate increases working their way through the economy by directly making interbank lending costs higher and indirectly causing consumer and corporate loans to grow more expensive.
—Derek Saul, Forbes, 13 Nov. 2023
The BankservAfrica Economic Transactions Index, a measure that tracks interbank payments and an early indicator of economic activity, dropped 1.7% in the three months through March, after shrinking 1.3% in the prior quarter.
—Amogelang Mbatha, Bloomberg.com, 13 Apr. 2023
Iran and Russia have connected their interbank communication and transfer systems to help boost trade and financial transactions, Reuters cited a senior Iranian official as saying on Monday, as both Tehran and Moscow are chafing under Western sanctions.
—Hadas Gold, CNN, 1 Feb. 2023
Many of them offer high interest rates to attract commercial and interbank deposits.
—Laura He, CNN, 23 June 2022
Project Inthanon-LionRock, a joint project between the HKMA and Bank of Thailand (BOT), is the world’s most mature interbank/wholesale initiative to date.
—Yvonne Lau, Fortune, 20 June 2021
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George Calhoun, Forbes, 26 Sep. 2024
These concerns may, for instance, have explained Germany and Italy’s initial opposition to suspending Russian access to the SWIFT global interbank payment system.
—Niclas Poitiers, Foreign Affairs, 27 Feb. 2022
Germany’s nearly two trillion euros of claims in Target 2, an interbank payment system for processing cross-border transfers throughout the EU, would make its withdrawal from the eurozone extremely costly, as much of that money would be lost.
—Daniela Schwarzer, Foreign Affairs, 2 Oct. 2012
Changing the target federal funds rate is the Fed’s primary way to manipulate the economy, with rate increases working their way through the economy by directly making interbank lending costs higher and indirectly causing consumer and corporate loans to grow more expensive.
—Derek Saul, Forbes, 13 Nov. 2023
The BankservAfrica Economic Transactions Index, a measure that tracks interbank payments and an early indicator of economic activity, dropped 1.7% in the three months through March, after shrinking 1.3% in the prior quarter.
—Amogelang Mbatha, Bloomberg.com, 13 Apr. 2023
Iran and Russia have connected their interbank communication and transfer systems to help boost trade and financial transactions, Reuters cited a senior Iranian official as saying on Monday, as both Tehran and Moscow are chafing under Western sanctions.
—Hadas Gold, CNN, 1 Feb. 2023
Many of them offer high interest rates to attract commercial and interbank deposits.
—Laura He, CNN, 23 June 2022
Project Inthanon-LionRock, a joint project between the HKMA and Bank of Thailand (BOT), is the world’s most mature interbank/wholesale initiative to date.
—Yvonne Lau, Fortune, 20 June 2021
Dictionary Entries Near interbank
Cite this Entry
“Interbank.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/interbank. Accessed 22 Dec. 2024.
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