Panel Bank

What is ‘Panel Bank’

The name given to the group of banks contributing to the Euro Interbank Offer Rate (EURIBOR). This group is made up of the largest participants within the Euro money market. The panel bank complies daily quotes on the interest rates that banks offer one another for overnight loans. The resulting figure, the EURIBOR, is similar to London Interbank Offered Rate (LIBOR). The EURIBOR is used as a reference rate for bonds, swaps, loans and other instruments.

Explaining ‘Panel Bank’

Panel bank institutions transact the largest volumes within the Euro market, and provide stability and liquidity. Furthermore, these banks are located both inside and outside of Europe, and aren’t always associated with regions recognizing the EU.

Further Reading

  • Financial deepening and economic growth linkages: a panel data analysis – [PDF]
  • Financing constraints and inventory investment: A comparative study with high-frequency panel data – [PDF]
  • Financial development and dynamic investment behavior: Evidence from panel VAR – [PDF]
  • Does banking sector development affect economic growth and inflation? A panel cointegration and causality approach – [PDF]
  • Financial development and openness: Evidence from panel data – [PDF]
  • The short-run relationship between the financial system and economic growth: New evidence from regional panels – [PDF]