• 0Shopping Cart
BIBF - Bahrain Institute of Banking and Finance
  • Home
  • Knowledge Areas
    • Academics
    • Accounting & Finance
    • Banking
    • Insurance
    • Islamic Finance
    • Digital Transformation
    • Project Management
    • Leadership & Management
    • Assessment & Development
    • Human Resources
    • Marketing, Sales and PR
    • Real Estate
  • Courses Calendar
    • Courses Calendar 2021
    • Corporate Brochure
  • Online Payment
    • Enhance your Skills
      Advance your Career
    • MyClass
  • Search
  • Menu Menu

BIBF-AUB Navigate the LIBOR Transition in a High-Level Webinar

You are here: Home1 / News2 / BIBF-AUB Navigate the LIBOR Transition in a High-Level Webinar
Follow a manual added link

Academic Degrees

Bachelors and Masters Programmes
Follow a manual added link

Short Courses

Focused Training Programmes
Follow a manual added link

Professional Qualifications

Internationally-recognised Certification
Follow a manual added link

Customised Corporate Training

Performance Mapping based on Business Objectives

BIBF-AUB Navigate the LIBOR Transition in a High-Level Webinar

Wednesday, February 24, 2021

The Bahrain Institute of Banking and Finance (BIBF) in collaboration with Ahli United Bank (AUB) organised a high-level webinar on LIBOR Transition on Wednesday, 24th February 2021, to discuss the impact of the transition on financial institutions in Bahrain.

By 31st of December 2021, the financial services sector will witness a shift towards new Risk-Free Rates (RFRs) as the global interest rate benchmark and the phase out of Interbank Offered Rates (IBORS) such as ‘London Interbank Offered Rates’ (LIBOR) – reference rates or benchmarks used in financial transactions to indicate the cost of funds to market participants, which have been under challenge for some  time.

IBORs currently act as a fundamental component of the sector as we know it today. The transition away from it will not be an easy one as it will impact numerous functions, from processes and systems, to businesses, client contracts, customer exposures and counterparties.

Markets across the globe have administered extensive analysis to reform their existing rates, with some jurisdictions identifying and adopting Alternative Reference Rates (ARRs) as an alternative for IBORS – although, different jurisdictions are at different stages of progress and implementation.

Targeting senior executives from various sectors, the  webinar hosted leading industry experts in a panel discussion including Zeeba Askar, Head of Banking & Finance Centre – BIBF, David O’Loan, Deputy Group CEO (Treasury & Investment) – Ahli United Bank (AUB), and Martyn Hoccom, Group Treasurer – First Abu Dhabi Bank (FAB).

The panelists discussed key topics including, reasons behind the cessation of LIBOR, alternatives to LIBOR, and product pricing going forward. The core differences between IBOR and new Alternative Reference Rates (ARR) has also been analysed, considering the main concerns and risks of the transition globally and whether derived rates like BHIBOR and KIBOR will be impacted.

Share this entry
  • Share on Facebook
  • Share on Twitter
  • Share on WhatsApp
  • Share on LinkedIn
  • Share by Mail

© 2021 BIBF

    • Home
    • About Us
    • Board of Directors
    • Executive Management
    • Quality Assurance
    • Alumni
    • In the News
    • The Campus
    • Library
    • Annual Report 2019
    • Careers
    • Feedback
    • Email Subscriptions
    • Contact Us

LET’S CONNECT

  • facebook
  • twitter
  • instagram
  • youtube-play
  • linkedin
يعقد دورة تدريبية متخصصة لأعضاء مجلس وكالة... Islamic Board Training LIBOR Webinar LIBOR يعقد ندوة الكترونية رفيعة المستوى لمناقشة...
Scroll to top

This site uses cookies. By continuing to browse the site, you are agreeing to our use of cookies.

OKLearn more

Cookie and Privacy Settings



How we use cookies

We may request cookies to be set on your device. We use cookies to let us know when you visit our websites, how you interact with us, to enrich your user experience, and to customize your relationship with our website.

Click on the different category headings to find out more. You can also change some of your preferences. Note that blocking some types of cookies may impact your experience on our websites and the services we are able to offer.

Essential Website Cookies

These cookies are strictly necessary to provide you with services available through our website and to use some of its features.

Because these cookies are strictly necessary to deliver the website, refuseing them will have impact how our site functions. You always can block or delete cookies by changing your browser settings and force blocking all cookies on this website. But this will always prompt you to accept/refuse cookies when revisiting our site.

We fully respect if you want to refuse cookies but to avoid asking you again and again kindly allow us to store a cookie for that. You are free to opt out any time or opt in for other cookies to get a better experience. If you refuse cookies we will remove all set cookies in our domain.

We provide you with a list of stored cookies on your computer in our domain so you can check what we stored. Due to security reasons we are not able to show or modify cookies from other domains. You can check these in your browser security settings.

Google Analytics Cookies

These cookies collect information that is used either in aggregate form to help us understand how our website is being used or how effective our marketing campaigns are, or to help us customize our website and application for you in order to enhance your experience.

If you do not want that we track your visit to our site you can disable tracking in your browser here:

Other external services

We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. Changes will take effect once you reload the page.

Google Webfont Settings:

Google Map Settings:

Google reCaptcha Settings:

Vimeo and Youtube video embeds:

Other cookies

The following cookies are also needed - You can choose if you want to allow them:

Accept settingsHide notification only
  • Home
  • Knowledge Areas
    • Academics
    • Accounting & Finance
    • Banking
    • Insurance
    • Islamic Finance
    • Digital Transformation
    • Project Management
    • Leadership & Management
    • Assessment & Development
    • Human Resources
    • Marketing, Sales and PR
    • Real Estate
    • Back
  • Courses Calendar
    • Courses Calendar 2021
    • Corporate Brochure
    • Back
  • Online Payment
  • MyClass