- agent bank agent bank ➔ bank1
* * *Bank appointed by members of an international lending syndicate to protect lenders' interests during the life of a loan.► See also Syndicate.
* * *agent bank UK US noun [C] BANKING► a bank that deals with local business and financial arrangements for a foreign bank: »
If your bank can receive a wire in Singapore dollars then it will not go through an agent bank.► (also lead bank) a bank that represents a group of banks in managing large loans that they have made together: »
Goldman Sachs was the agent bank on the $1.23 billion loan.
Financial and business terms. 2012.
Look at other dictionaries:
Agent Bank — A bank that acts in some capacity on behalf of another bank. It can mean any of three types of bank: (1) The bank in a loan syndicate that advises other participating banks of advances taken and changes in interest rates for a foreign or domestic … Investment dictionary
agent bank — noun 1. a bank named by a lending syndicate of several banks to protect their interests • Syn: ↑lead bank • Hypernyms: ↑depository financial institution, ↑bank, ↑banking concern, ↑banking company 2. a bank that acts as an agent for a foreign bank … Useful english dictionary
agent bank — (ANZ) Fin a bank that acts on behalf of a foreign bank, or a bank that participates in another bank’s credit card program, acting as a depository for merchants … The ultimate business dictionary
agent bank — chartered bank, bank handling and representing a large transaction for other banks … English contemporary dictionary
agent bank — / eɪdʒənt bæŋk/ noun a bank which uses the credit card system set up by another bank … Dictionary of banking and finance
agent — n 1: someone or something that acts or exerts power: a moving force in achieving some result 2: a person guided or instigated by another in some action where the heads of departments are the political...agent s of the executive, merely to execute … Law dictionary
Bank — [bæŋk] noun BANKING ORGANIZATIONS The Bank the Bank of England, Britain s central bank: • The Bank is worried that strong demand for labour could lead to higher wages and prices. * * * Ⅰ … Financial and business terms
bank — ▪ I. bank bank 1 noun [countable] 1. BANKING a business that makes its profit by paying interest to people who keep money there and charging a higher rate of interest to borrowers who borrow money from the bank. Different types of bank provide a… … Financial and business terms
Bank für Internationalen Zahlungsausgleich — Bank für Internationalen Zahlungsausgleich, Abkürzung BIZ, englisch Bank for International Settlements [ bæȖk fɔː ɪntə næʃnl setlmənts], Abkürzung BIS, internationale Bank in der Rechtsform einer AG mit einem Grundkapital von 1,5 Mrd.… … Universal-Lexikon
Bank of England — Bank of England … Wikipedia