Piraeus Bank Group
Profile Group Publications Career Contacts ADIA
 
  Shqip
Individual SME Corporate Pricing Network
    Home > Treasury > Money Market    
 
Money Market

Money Market & Deposit Interest Rates

Money market is a segment of the financial market in which financial instruments with high liquidity and very short maturities are traded. The money market is used by participants as a means for borrowing and lending in the short term, from several days to just under a year.
Tirana bank Treasury, Money market desk manages the liquidity of the bank through money market transactions respecting all the internal and external required ratios by the regulators.
The main money market indexes as EURIBOR, LIBOR and TRIBOR are produced by the money market rates quoted daily by a certain panel of banks.

EURIBOR

EURIBOR (Euro Interbank Offer Rate) are the rates offered to prime banks on euro interbank term deposits. The EURIBOR is based on average interest rates established by a panel of around 50 European banks (panel banks) that lend and borrow from each other.

LIBOR

LIBOR (or ICE LIBOR) (London Interbank Offer rate )is the world’s most widely-used benchmark for short-term interest rates. It serves as the primary indicator for the average rate at which banks that contribute to the determination of LIBOR may obtain short-term loans in the London interbank market. Currently there are 11 to 18 contributor banks for five major currencies (US$, EUR, GBP, JPY, CHF), giving rates for seven different maturities.

 

TRIBOR

TRIBID and TRIBOR are fixed rates in local currency calculated by the Central bank of Albania based on the quotations of the panel banks to purchase and to sell deposits in the interbank Albanian money market.

TRIBID and TRIBOR are calculated based on the quotation of the 2-8 contributor banks determined by Central Bank of Albania

 
 
 
 
 
 
 
News
NOTICE TO CUSTOMERS
Our dear customers,   We would like to inform you that on 07 and 08 October 2017, due to an Upgrade, there will be temporary interruptions of the ATM, winbank and Debit Card services at the following timetables: 07.10.2017, 01:00-03:00 08.10.2017, 02:00-05:00 We are very sorry for the inco...
Home Loan information for Tirana Bank individual clients
Can I be granted with a mortgage loan at Tirana Bank? Yes, you can be granted with a mortgage loan at Tirana Bank  in order to purchase, construct or reconstruct an apartment, villa or office. Tirana Bank, through its branch network staff,provides you detailed information on the loan chara...
Tirana Bank awarded for supportive and anti-discrimination policies.
Yesterday at the "Brigades Palace" took place the publication of the Index of LGBTIQ, an index published for the second consecutive year together with the award of some of the best prices for the best companies that participated in this Index. The event was attended by some of the most important am...
Piraeus Bank recorded a profit of €7mn in Q2.2017
...
Transition to IFRS 9 Challenges
07.27.2017
Brisilda Bala, CFA Manager of Risk Management Department, TIRANA BANK Chairwoman of Risk Management Committee, AAB   This year started for many of us with intensified discussions related to the required actions for transition from IAS 39 financial reporting standard to IFRS 9, and especiall...
NOTICE TO CUSTOMERS
Dear Customer,   As a result of the technological changes in the system of Piraeus Bank Greece ATMs network, please be notified that the commissions for cash transactions with debit card in these ATMs will change.     Commissions for using the VISA ELECTRON Debit Card issued by ...
 
Follow us
 
Profile
Tirana Bank Overview
About Us
Transparency
Employee Relations Framework & Code of Conduct
Links
Group
Publications
Group's Branches & International Presence
Group Profile
Career
Vacant Positions
Our People
Visions and Values
Pricing
Interest Rates for Accounts & Deposits
Interest Rates & Terms for Retail Loans
Terms and Conditions
Index Rates
Career
Vacant Positions
Our People
Visions and Values
 
Privacy Policy Terms of Use Copyright Due Diligence
Built by Impuls
Rr. Ibrahim Rugova, P.O. Box 2400/1, Tirana-Albania