Agent Bank (Noun)
Meaning 1
A bank named by a lending syndicate of several banks to protect their interests.
Classification
Nouns denoting groupings of people or objects.
Examples
- The loan was overseen by Bank of America as the agent bank on behalf of the lenders.
- Wells Fargo served as agent bank and managing member on this multimillion dollar commercial project financing deal.
- BNP Paribas and US investment banking team collectively operated their service requirements the borrowing obligation taking overall custody.
- Mizuho performed her financing strategies arranging high sums accordingly such working standard.
- On assignment any key borrowing person executes within day leading thus directly approving multiple purchases final repay deals until major investor reaches as capital borrowing this value was around R three before share pay it .
Synonyms
Hypernyms
Meaning 2
A bank that acts as an agent for a foreign bank.
Classification
Nouns denoting groupings of people or objects.