Sentence examples for interbank operations from inspiring English sources
The company operates through four business segments: Retail Banking, Corporate Banking, Investment Banking and Interbank Operations.
Bankia could use government bonds "as guarantees on interbank operations, go with them directly to the ECB to get money or, in the worst scenario, sell them on the market," El País reported.
The Treasury Business segment includes the company's treasury and interbank operations.
The Interbank Operations segment provides letters of credit with post-financing, discounting of reimbursement undertaking as collateral for obligations of issuing bank before confirming and financing bank.
Rather than invest the money, InterBank operators James O'Connor and James Geisler simply took it.
Multiple exchange rates are in operation: on Friday evening the interbank rate stood at around 7,500 roubles to the dollar, while bureaux de change were still required to sell dollars for 4,500 roubles, meaning, of course, that they had barely any.
The Japanese subsidiary, where much of the manipulation involving the yen-denominated London interbank offered rate, or Libor, occurred, does not have any operations in the United States and so is not subject to direct regulation in this country.
Banks often fund their operations by borrowing for 90 days at the London interbank rate, which is now just over 5percentt.
Mr. Diamond, who stepped down last year after the scandal involving manipulation of the London interbank offered rate, or Libor, ran the bank's investment banking operations until he became chief executive in 2011.
But the BNP news prompted the first big policy response from central banks to evaporating liquidity in interbank markets, as the European Central Bank immediately conducted a special refinancing operation.
The market-oriented approach promoted by the European Central Bank in the design of its refinancing operations creates incentives to credit institutions to use actively the interbank market to manage their liquidity needs.
