agent bank


Also found in: Thesaurus, Financial.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.agent bank - a bank named by a lending syndicate of several banks to protect their interests
banking company, banking concern, depository financial institution, bank - a financial institution that accepts deposits and channels the money into lending activities; "he cashed a check at the bank"; "that bank holds the mortgage on my home"
2.agent bank - a bank that acts as an agent for a foreign bank
banking company, banking concern, depository financial institution, bank - a financial institution that accepts deposits and channels the money into lending activities; "he cashed a check at the bank"; "that bank holds the mortgage on my home"
References in periodicals archive ?
This makes our portal a comprehensive repository for agent bank data and a true one-stop data solution for the market."
Fourteen partners from the EMEAI region participated including: Afrasia Bank Limited, Al Ahli Bank of Kuwait K.S.C.P, Bank Muscat, Commerzbank AG, ICICI Bank, Investec Bank (Mauritius) Limited, London Forfaiting, Mizuho Bank, Ltd, National Bank of Ras Al-Khaimah, Standard Chartered Bank, State Bank Mauritius, The Mauritius Commercial Bank, United Arab Bank and Abu Dhabi Commercial Bank PJSC as agent bank.
Emirates NBD acted as agent bank, security agent and mandated lead arranger in the club financing arrangement that included Commercial Bank of Dubai and Arab Bank as mandated lead arrangers.
US-based financial services firm Community Bankers of America's ICBA Bancard payments services subsidiary's credit card bank, TCM Bank, N.A., has acquired the agent bank portfolio of US-based Fifth Third Bank, the company said.
The mandate was awarded by SCORE (Superhighway Construction Operation and Rehabilitation Engineering (Pvt) Limited) to UBL as the Mandated Lead Advisor and Arranger and Agent Bank for arrangement of PKR 25.2 Billion, whereby UBL will raise the requisite financing with a consortium of banks.
MANILA, Philippines - Philippine National Bank brings PNB iTax, the country's first online tax payment service for individuals that provides a convenient way for customers to pay taxes without going to a BIR authorized agent bank. PNB iTax is in line with the Bureau of Internal Revenue's (BIR) eBIRForms project, which aims to provide more convenient and accessible filing channels for taxpayers who are enrolled in the BIR Interactive Filing System (BIR-IAFS).
PNB one of the nations largest and most stable, is offering the PNB iTax, the countrys first online tax-payment service for individuals that provides a convenient way for customers to pay taxes without going to an authorized agent bank of the Bureau of Internal Revenue (BIR).
An agent bank which is called agency bank too is a bank that acts in some capacity on behalf of another bank.
Bank Mellat as the agent bank has also guaranteed paying back the principal and profit of the bonds.
Qassemi said under the NDF's statute, only those projects that state has 20 percent of their stakes will be introduced to the NDF for getting facilities, adding that the agreements relating to having access to NDF' funds will be signed by contactors and agent banks and after that the agent bank will introduce private sector investors to the NDF for receiving the needed resources.
ING Real Estate Finance (USA), which committed $69 million as joint lead arranger in the transaction, partnered with Canadian Imperial Bank of Commerce, the agent bank, to complete the transaction within six weeks.
Our partnership with Discover gives our customers greater choice when selecting a payment method and provides significant growth opportunity for us in the co-brand, credit union, and agent bank space.'