Crossword clues for interbank
interbank
Wiktionary
a. Of, pertaining to, or taking place between two or more banks
WordNet
Wikipedia
İnterbank A.Ş is a defunct Turkish bank. Founded in 1888 in Selanik as the Selanik Bankası T.A.Ş., it moved to Istanbul in 1912 and was renamed Uluslararası Endüstri ve Ticaret Bankası in 1969. It was privatized in 1978, and renamed Interbank A.Ş. in 1990 after it was taken over by Çukurova Holding. Çukurova sold its majority stake to Cavit Çağlar's Nergis Holding in 1996. It was taken over by the government's TMSF on 7 January 1999, merged with Etibank, and went into liquidation on 2 July 2001.
In June 1999 prosecutors alleged that in 1998 Interbank had transferred over $650m to Nergis Holding companies - far in excess of legal limits for intra-group transfers. The total amount owed by Nergis to Interbank was said to be over $1.1bn. In 2004 Çağlar and others associated with Nergis were sentenced to three years ten months for bank fraud relating to Interbank. He had initially been acquitted in 2002, but the government appealed, and reversed the acquittal.
Interbank may refer to
- Interbank, a Peruvian bank
- İnterbank, a defunct Turkish bank
- Interbank market, the foreign exchange market of currencies
- a defunct credit card service from MasterCard
- Interbank, a bank in Oklahoma and Texas
Usage examples of "interbank".
We were working on an interbank loan of nine and a half million for five days to a competitor, a matter of little more than a few telephone calls and a promise.
CHIPSClearing House Interbank Payments System, which is operated also through New York and has special identifier codes unique to their customers, ultra-secret.
The shell is just a program that runs in the background like the programs that process customer invoices, or switch satellite broadcasts, or make interbank transfers.
Thinking that you were outwitting the man who is the master of money laundering and interbank transfers.
After proper safeguards had been built into the bank computer system for interbank transfers, he had been given a private access code which enabled him to make the transfers, and which also provided for a printout of his activities, if any, at the end of each working day for each bank involved.
No, we do not normally conduct our interbank transactions in so loose a manner.
House Interbank Payments System, which is operated also through New York and has special identifier codes unique to their customers, ultra secret.
Their first line of attack was the sophisticated communications technology that allowed them to listen verbatim to the interbank conversations carried on between Cerberus and its computer brethren around the world.