Thursday 21 August 2014
 
»
Tag
 
»
Interbank

Citi to exit UAE interbank rate panel

US lender Citigroup will leave the interbank interest rate setting panel in the United Arab Emirates on June 25, reducing the size of the panel to 11 banks from 12, the central bank said on Monday.

More…

UAE interbank rates at eight-year lows

  They cite several reasons, including the global move toward lower rates and loose liquidity in the UAE market. Either way, it appears to be good news for the UAE central bank, which has repeatedly urged banks to lower their quo

More…

UAE interbank offered rates slide to 7-year low

Interbank offered rates in the United Arab Emirates continued their slide to a new seven-year low on Thursday as liquidity in the country's banking sector remains high. UAE bank deposits rose in April to their highest level in at least two

More…

UAE interbank rates at 17-month low

United Arab Emirates interbank offered rates edged down on Monday to their lowest level in nearly 17 months as regional unrest helped increase liquidity in the country's banking system. The benchmark UAE three-month interbank offered rate

More…

FX Solutions reduces currency pair spreads

FX Solutions, one of the world’s leading retail Forex brokers and market makers, has announced a reduction of its currency pair spreads. The spread cuts are effective immediately. These cuts reaffirm the company’s commitment to both listen

More…

UAE cbank eyes steps to lower interbank rates

United Arab Emirates interbank offered rates do not reflect true market lending rates and the central bank will consult with commercial banks on how to reduce them, a central bank official said. However, commercial bankers said traded rate

More…

UAE interbank activity down slightly

Banks in the UAE have been borrowing less in the interbank market and at shorter tenors than before the Dubai crisis erupted as debt jitters weigh and the end of the year approaches, treasurers said. Uncertainty about Dubai's ability t

More…

UAE interbank rates ease after cbank takes over

United Arab Emirates interbank rates fell on Thursday, the first day they were set after the central bank took control of the fixing process in the hope it would lower the rates it has long said are too high. In September, the central bank

More…

UAE interbank panel trial run delayed

The United Arab Emirates central bank said it was holding a trial run on Monday for a newly formed panel of providers for the interbank offered rate, but had delayed its start due to a server problem. The trial run would begin later on Mon

More…

UAE rejigs interbank rate panel to spur lending

The United Arab Emirates central bank will set up a new panel for the interbank offered rate, an official said on Wednesday, in the hope that the change will lower the rates and spur lending. The central bank expressed dismay earlier this

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads