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It stands for Karachi Inter-Bank Offer Rate.
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What is kibor current rate?
kibor rate on 16 November 2010?
What is the KIBOR?
The Karachi Inter-bank Offered Rate, or KIBOR, is the average interest rate at which term deposits are offered between prime banks in the Pakistani wholesale money market or inter-bank market.
What is KIBOR rate in Pakistan?
It is Karachi Inter Bank Offer Rate (KIBOR), given by specialized institution on daily, weekly, monthly and on 1, 2 and 3 yearly basis to all the commercial banks of Pakistan so that they charge interest to their customers on that basis. This rate is inflation adjusted rate and then banks by adding 2 or 3% in KIBOR rate charge their customers for their profit.
What is the definition of kibor Karachi inter bank offer rate?
KIBOR is stand for "The Karachi inter-bank offered rate" which is used by the banks in order to lend the money with each others and with their customers. This is the minimum interest rate (inflation adjusted) which the banks have to charge from their customers.
What is 6 month kibor?
what is the difference of 6 months kibor and 3 months kibor?
What does mean kibor plus points in mark up rate in business?
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Joseph Kibor was born in 1972.
What is kibor n What is it main purpose?
KIBOR is Karachi inter bank offered rate at which commercial banks charge each other while giving and getting loans among each other. This rate is very beneficial because it utilizes excess amounts of cash/liquid assets that some banks have in excess.
How kibor is calculated?
KIBOR means Karachi interbank Offer rate and it is calculated by State bank of Pakistan on daily bases. how SBP calculate it,,, its not a rocket science.......... every morning SBP demands qoutations for lending/borrowing rates of (1-month rates to 3-year rates) from Primary Dealer i.e.(around 20 strong commercial Banks of Pakistan) and these rates are floated on routers,,,,,,,,,,,,, so now what SBP do it eliminates 3 Top qoutes from higher side and 3 bottom qoutes from lower side and take the Average of those 14 or 15 Qoutation in-between................. thats the KIBOR for the DAY. Around 11 A.M every working day it is provided by SBP.
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