Post by account_disabled on Dec 11, 2023 8:43:35 GMT
It is also necessary to estimate the impact on ongoing initiativesprojects that involve adding a new indicator or replacing the indicator from Wibor to Wiron. There are many places where we use the Wibor indicator and they concern many customer segments stages in the process and distribution channels. They also influence the shape of document templates and for example the calculation of rules used in automatic transaction monitoring processes. Therefore the analysis of the impact of change is multi area and touches many places in the processes. How does the WIBOR rate change? The WIBOR rate depends on many factors such as the situation on the financial market inflation the monetary policy of the central bank as well as the NBP reference rate.
If the National Bank of Poland increases the interest rate it usually results in an increase in the WIBOR rate. However if the National Bank of Poland lowers the interest rate the WIBOR rate may decrease. WIBOR may also depend on government decisions especially Email Marketing List changes in fiscal policy. For example when the government increases public spending this may result in an increase in inflation and consequently contribute to an increase in the WIBOR rate.
WIBOR in current processes WIBOR is used in many places in the lending process. We use it for example to calculate offerscalculationsagreements create or change documents for clients and determine the price or cost of a product for each product in which the reference index is used. The ratio affects the loan interest rate which translates into the total cost of the loan. The loan interest rate may be fixed or variable depending on the basis on which it was determined. If the loan is granted based on the WIBOR rate the interest rate will depend on the value of this indicator. The indicator is available in several variantstenors and fixing terms depending on the product policy but is usually used in a or month tenor.
If the National Bank of Poland increases the interest rate it usually results in an increase in the WIBOR rate. However if the National Bank of Poland lowers the interest rate the WIBOR rate may decrease. WIBOR may also depend on government decisions especially Email Marketing List changes in fiscal policy. For example when the government increases public spending this may result in an increase in inflation and consequently contribute to an increase in the WIBOR rate.
WIBOR in current processes WIBOR is used in many places in the lending process. We use it for example to calculate offerscalculationsagreements create or change documents for clients and determine the price or cost of a product for each product in which the reference index is used. The ratio affects the loan interest rate which translates into the total cost of the loan. The loan interest rate may be fixed or variable depending on the basis on which it was determined. If the loan is granted based on the WIBOR rate the interest rate will depend on the value of this indicator. The indicator is available in several variantstenors and fixing terms depending on the product policy but is usually used in a or month tenor.