LIBOR Transition: What you need to know

Following global regulations Banesco USA will need to replace LIBOR. Banesco USA is committed to helping our clients through this transition with minimal impact.

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Banesco USA account officers will reach out to clients with terms in LIBOR

A transition strategy is underway for clients that have contracts set in LIBOR to review pricing, choice of replacement rate, terms, and make necessary amendments.

For additional information, please provide

This only applies to clients that have a loan with terms in LIBOR

  • Most clients will not be affected.
  • Please watch this video for more information about the LIBOR transition
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