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 kindly want to inform you that some of our ATM-s are being Upgraded and may be temporarily out of service.  We are very sorry for the inconvenience and reassure you that our technical staff is fully dedicated to reassure that our ATMs network will be functional ...
PIRAEUS BANK GROUP ANNOUNCES ITS 2020 STRATEGIC PLAN: “AGENDA 2020”
24.05.2017
Piraeus Bank, under its new leadership team, announces its intention to take a decisive step forward “to be the most trusted bank in Greece, creating value for its shareholders, clients and employees” by launching its strategic plan for 2020, entitled “Agenda 2020”....
Tirana Bank stays by the children with special needs in hearing and speaking.
06.06.2017
Increase of self-esteem and security, confrontation with stress and traumatic experiences, physical activity and coordinated movement, development of cognitive skills, these are the basis of the newest project "World of Sounds". A project that is being implemented from Liburnetik Organization enable...
Tirana Bank wishes: Happy 1st of June children!
01.06.2016
On the occasion of this celebration, the children of the Down Syndrome Albania Foundation brought on stage the play "A small delay", based on a movie of the same title, so familiar and loved by everyone.   This day coincides with the third anniversary of the "Center for Achievement and Develo...
Tirana Bank Performance Highlights, first quarter 2017
19.05.2017
Tirana Bank profit for the first quarter of 2017 marks 2.3 million Euro (before taxes) Tirana Bank profit for the first quarter of 2017 amounted to 2.3 million Euro (before taxes) reflecting the strong performance of the Bank, being at much higher level compared to the same period of 2016. Accordi...
Junior Achievement - Leader for a day
05.04.2017
Junior Achievement is the largest organization in the world, which educates and inspires young people to assess the freedom of entrepreneurship and economy, and to improve their quality of life. Tirana Bank can not neglect the new generation, country's future. One of the graduates selected by the o...
 
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