Bank credit

Also found in: Financial, Encyclopedia.
Related to Bank credit: investment credit
a credit by which a person who has given the required security to a bank has liberty to draw to a certain extent agreed upon.
See under Cash.

See also: Bank, Credit

Webster's Revised Unabridged Dictionary, published 1913 by G. & C. Merriam Co.
References in periodicals archive ?
Reserve Bank credit recorded sequential (q-o-q) growth of 3.4 per cent in December 2017: the increase was broad-based across all population groups as well as for all major occupations.
Tribune News network Doha Doha Bank recently launched a Global Cashback programme, offering up to 30 percent savings on each purchase made with Doha Bank credit card, the bank announced in a statement on Monday.
All Yes Bank Credit Cards are now available on the Samsung Pay platform, the bank added.
M2 EQUITYBITES-March 25, 2016-W&T Offshore reports decline in revolving bank credit facility's borrowing base
Muscat, Mar12 (ONA) The total bank credit ofthe commercial banks in the Sultanate by the end of December 2015amounted to about RO18,316.4 million compared to RO16,898.4 million during the same period of 2014, an increase of 8.4 per cent .
In his position, he oversees the bank's credit policy, supervises all bank credit governance, including special assets, and develops an ongoing sound credit culture.
Summary: Muscat: The total bank credit by sectors at the commercial banks in the Sultanate during ...
Bahrain-based BMI Bank has announced the launch of a new scheme offering its customers the opportunity to transfer in their outstanding balances from other bank's credit cards to their BMI Bank credit card and benefit from a free waiver of interest for ninety days.
Summary: A more than expected cut in discount rate has just been announced to expand bank credit and business and check inflation.
reports bank credit facility borrowing base(C)1994-2012 ENPublishing -
Summary: JEDDAH: Bank credit in the GCC region has generally continued its cautious, albeit fairly consistent recovery.
New Delhi, Feb.25 (ANI): The Economic Survey for 2009-10 presented by Finance Minister Pranab Mukherjee in Parliament on Thursday has revealed that bank credit has recorded a growth of 13.9 per cent as on January 15, 2010 on year on year basis compared to 22 per cent during the corresponding period in the previous year.