bad bank

(redirected from Collection Bank)
Also found in: Financial.

bad bank

n
a financial institution set up to hold and manage underperforming assets owned by other banks
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References in periodicals archive ?
As the tax collection bank for FBR, NBP has played a vital role in structuring this solution.
This will be the first bond issue of the collection bank, called Erste Abwicklungsanstalt (EAA) that would test investor interest before a bigger debt issue, Wargers said adding he was upbeat the bonds would draw buyers.
16 [micro]g/L (5)] and plasma samples from healthy blood donors (n = 161) from the Abbott Specimen Collection Bank and thawed the samples on ice immediately before analysis.
If you currently use multiple remote banks to deposit receivables, you can reduce costs by concentrating them all in one collection bank.
FIRST-CLASS IDEA: Martyn Stacey, recycling officer at Warwick District Council, at a paper collection bank.
A book collection bank supporting Oxfam is also to be added to the facilities in mid September.
and Resolution and Collection Bank, which were engaged in similar work.
Under the plan, the government would broaden the scope of the government-run Resolution and Collection Bank Ltd so it can extend loans to companies that have borrowed from failed banks.
Conformed documents must be presented by the beneficiary to the collection bank, normally the exporter's bank.
collection bank is notified of incoming payments into their foreign currency account.
The local depository for a SUNY Campus acts primarily as the collection bank for tuition and other fees levied by the University.
The Nihon Keizai Shimbun, a major economic newspaper, reported in its Tuesday morning edition that Taku Yamasaki, chairman of the LDP's Policy Research Council, proposed using fiscal investment and loan funds to empower Resolution and Collection Bank (RCB) to provide financial backing to holders of "second-category loans.

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