European Banking Federation in the context of "Euribor"

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⭐ Core Definition: European Banking Federation

The European Banking Federation (EBF) is a trade association representing national banking associations in countries of the European Union and the European Free Trade Association. It represents over 5,000 institutions It was established in 1960 as the Fédération bancaire européenne.

It serves as the primary forum for cooperation and dialogue between the European banking industry, policymakers, and regulators, advocating for policies that support the banking ecosystem and a strong European Single Market. The EBF is actively involved in shaping financial regulation, promoting innovation, and addressing issues such as sustainable finance, digital transformation, and financial stability across Europe.

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👉 European Banking Federation in the context of Euribor

The Euro Interbank Offered Rate (Euribor) is a daily reference rate, published by the European Money Markets Institute, based on the averaged interest rates at which Eurozone banks borrow unsecured funds from counterparties in the euro wholesale money market (before only in the interbank market). Prior to 2015, the rate was published by the European Banking Federation.

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