Panel Bank

The name given to the group of banks contributing to the EURIBOR. This group is made up of the largest participants within the Euro money market.

Investopedia Commentary

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.

Related Links

Money Market Tutorial

See also: EURIBOR, Interest Rate, LIBOR, Money Market