Frequently Asked Questions about LIBOR Transition to Alternative Risk-Free Rates
Frequently Asked Questions
- What is a Benchmark?
- What is the European Benchmarks Regulation?
- What is LIBOR?
- When will LIBOR cease?
- What does it mean that the London Interbank Offered Rate (LIBOR) will be non-representative after end-2021?
- What is a New Risk-Free Rate?
- Which benchmarks will be impacted?
- How the New Risk-Free Rates are different from LIBOR?
- What is Fallback “Spread Adjustment”?
- What impact will the transition have on LIBOR-based products?
- What is “fallback language”?
- What is the Implementing Regulation (EU) 2021/1847 of the Commission of 14 October 2021 on the designation of a statutory replacement for certain settings of CHF LIBOR?
- How is Alpha Bank preparing for the LIBOR transition?
Important notice
Due to essential system upgrades, on Sunday 01.03.2026, from 02:00 to 06:00, access to e-Banking for individuals and businesses will not be available.
Additionally, from 02:00 to 04:30, you will not be able to use debit cards for cash withdrawals at ATMs, online purchases and POS transactions.
Thank you for your understanding.