They raise funds by borrowing mainly from wholesale banks.
Financial and business terms. 2012.
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 of America Home Loans — Type Subsidiary of Bank of America Founded 1969 (Countrywide), February 2009 (Bank of America Home Loans) Headquarters Calabasas, CA, USA (Countrywide Financial) Cha … Wikipedia
Wholesale funding — is a method that banks use in addition to core demand deposits to finance operations and manage risk. Wholesale funding sources include, but are not limited to, Federal funds, public funds (such as state and local municipalities), Federal Home… … Wikipedia
Bank of Estonia — Eesti Pank (Estonian) … Wikipedia
Bank Mendes Gans — N.V. is a Dutch bank, founded in 1883 and located in the centre of Amsterdam, The Netherlands. The institute is nowadays active as a international cash management bank. ProfileBank Mendes Gans N.V. (BMG), subsidiary of the ING Group, is a… … Wikipedia
Bank of America Tower, Hong Kong — Bank of America Tower in Hong Kong is one of the tallest structures in Hong Kong. It is the only building with pure white color differentiating between many other building across. And it stands on the harbor beautifully. Its just a walk away from … Wikipedia
wholesale banking — bank activity on a large scale, large scale bank transactions … English contemporary dictionary
Bank of Beirut S.A.L. — Infobox Company company name = Bank of Beirut S.A.L. company location = flagicon|Lebanon Beirut, Lebanon key people = Salim G. Sfeir mdash; Chairman; Salim G. Sfeir mdash; Vice Chairman; .Fawaz H. Naboulsi mdash; Deputy General Manager; .… … Wikipedia
wholesale — selling in large quantities to businesses which will then resell to consumers in smaller quantities. Glossary of Business Terms * * * ▪ I. wholesale whole‧sale 1 [ˈhəʊlseɪl ǁ ˈhoʊl ] noun [uncountable] COMMERCE the business of selling large… … Financial and business terms
