Banking & finance glossary

Clear bilingual definitions of the banking and financial terms professionals use every day.

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4 terms · Last updated 13 October 2026

I

IFRS 9 Financial Instruments (IFRS 9)

المعيار الدولي لإعداد التقارير المالية 9

The international accounting standard for financial instruments covering classification and measurement, impairment based on expected credit losses, and hedge accounting; effective for annual periods beginning on or after 1 January 2018.

Related terms: Expected credit loss

Inflation

التضخم

The general rise in the price level of goods and services over a period, usually measured by the annual change in the consumer price index.

Related terms: Policy rate

Interbank rate

سعر الفائدة بين البنوك

The interest rate at which banks lend to each other, usually for short periods such as overnight.

Related terms: Policy rate

International Bank Account Number (IBAN)

رقم الحساب المصرفي الدولي

A standard format (ISO 13616) that identifies a bank account across borders, made of a country code, two check digits and the domestic account number.

Related terms: Business Identifier Code (SWIFT code)

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