Wholesale bank definition

Wholesale bank means any bank holding a licence granted by the Authority under the Act which categorises the bank as a wholesale bank and entitles it to carry on a limited range of banking business.
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Wholesale bank means a bank that is not in the business of extending home mortgage, smallbusiness, small farm, or consumer loans to retail customers, and for which a designation as a wholesale bank is in effect, in accordance with Sec. 228.25(b). SUBPART B—STANDARDS FOR ASSESSING PERFORMANCE SECTION 228.21Performance tests, standards, and ratings, in general.(a) Performance tests and standards. The Board assesses the CRA performance of a bank in an examination as follows:
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Wholesale bank means a bank thatis not in the business of extending homemortgage, small business, small farm, or consumer loans to retail customers, and for which a designation as a wholesale bank is in effect, in accordance with§ 25.25(b).Subpart B—Standards for Assessing Performance§ 25.21 Performance tests, standards, and ratings, in general.(a) Performance tests and standards. The OCC assesses the CRA performance of a bank in an examination as follows:
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Examples of Wholesale bank in a sentence

  • Adding the word “loans” after the word “mortgage” in the definition of Wholesale bank.

  • Demonstrate knowledge and understanding of template FTP regime, including: 4.1 Retail bank FTP regime4.2 Corporate bank FTP regime4.3 Wholesale bank FTP regime4.4 Illustration 5.

  • But he also made it clear that as a large Wholesale bank, active in over 40 countries, we deal with many clients who have operations in multiple jurisdictions.

  • Wholesale bank funding spreads had risen recently, but had remained significantly lower than two years ago.

  • Wholesale bank funding, capital requirements and credit rationing.

  • Furthermore, the Bank uses Moody’s RiskAnalyst System for rating individual obligors for the Business banking and Wholesale bank portfolios.

  • Wholesale bank (𝑗𝑗) ’s problem is therefore to maximize its profits subject to the following balance sheet constraint: 𝑙𝑡 𝑗𝑗 = 𝑑𝑡 𝑗𝑗 + 𝑘𝑏,𝑡(𝑗𝑗).The retail loan branch operates under monopolistic competition.

  • Wholesale bank funding costs have declined signicantly as a result of the FLS and wider international developments and are now at very low levels.

  • In order to curb the problem it will therefore be necessary to develop new green technologies to ensure that global growth in term of food and environment is sustainable.

  • Our model is to leverage our promise of service and convenience to take share and we will continue to do so.Our Wholesale bank delivered good results in Q3 in a tough trading environment.


More Definitions of Wholesale bank

Wholesale bank means a bank that is not in the business of extending home mortgage, small business, small farm, or consumer loans to retail cus- tomers, and for which a designation as a wholesale bank is in effect, in accord- ance with § 345.25(b).[60 FR 22201, May 4, 1995, as amended at 60FR 66050, Dec. 20, 1995; 61 FR 21364, May 10,1996; 69 FR 41187, July 8, 2004; 70 FR 44269,Aug. 2, 2005; 71 FR 78337, Dec. 29, 2006; 72 FR72573, Dec. 21, 2007; 73 FR 78155, Dec. 22, 2008;74 FR 68664, Dec. 29, 2009; 75 FR 79286, Dec. 20,2010; 75 FR 82219, Dec. 30, 2010; 76 FR 79531,Dec. 22, 2011] Subpart B—Standards for Assessing Performance SOURCE: 60 FR 22201, May 4, 1995, unlessotherwise noted. § 345.21 Performance tests, standards, and ratings, in general.(a) Performance tests and standards. The FDIC assesses the CRA perform- ance of a bank in an examination as follows:
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Wholesale bank means a bank that is not in the business of extending home mortgage, small business, small farm, or consumer loans to retail cus- tomers, and for which a designation as a wholesale bank is in effect, in accord- ance with § 345.25(b).[60 FR 22201, May 4, 1995]EDITORIAL NOTE: For FEDERAL REGISTER ci-tations affecting § 345.12, see the List of CFR Federal Deposit Insurance Corporation § 345.21 Sections Affected, which appears in the Finding Aids section of the printed volume and at .govinfo.gov. Subpart B—Standards for Assessing Performance SOURCE: 60 FR 22201, May 4, 1995, unlessotherwise noted. § 345.21 Performance tests, standards, and ratings, in general.(a) Performance tests and standards. The FDIC assesses the CRA perform- ance of a bank in an examination as follows:
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Wholesale bank means the wholesale banking division of SCB, which ceased to exist on 1 April 2014 (when SCB was reorganised into retail banking, private banking, commercial banking and corporate and institutional banking), together with those customer segments and product types in the post-1 April 2014 structure which originally fell within the Wholesale Bank; and
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Wholesale bank means a bank that is not in the business of extending home mortgage, small business, small farm, or consumer loans to retail cus- tomers, and for which a designation as a wholesale bank is in effect, in accord- ance with § 345.25(b).[60 FR 22201, May 4, 1995, as amended at 60FR 66050, Dec. 20, 1995; 61 FR 21364, May 10,1996; 69 FR 41187, July 8, 2004; 70 FR 44269,Aug. 2, 2005; 71 FR 78337, Dec. 29, 2006; 72 FR72573, Dec. 21, 2007; 73 FR 78155, Dec. 22, 2008;74 FR 68664, Dec. 29, 2009; 75 FR 82219, Dec. 30,2010]EFFECTIVE DATE NOTE: At 75 FR 79286, Dec.20, 2010, § 345.12 was amended by republishing the introductory text of paragraph (g), re- moving the word ‘‘or’’ at the end of paragraph (g)(3); removing the period at the end of paragraph (g)(4)(iii)(B) and add ‘‘; or’’ in its place; and adding a new paragraph (g)(5), ef- fective January 19, 2011. For the convenience of the user, the added and revised text is set forth as follows: § 345.12 Definitions. * * * * *(g) Community development means: * * * * *(5) Loans, investments, and services that—
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Wholesale bank means a bank that is not in the business of extending home mortgage, small businessloans to businesses, small farmloans to farms, or consumer loans to retail customers, and for which a designation as a wholesale bank is in effect, in accordance with§25.25 25.15(b). W omen’s depository institution means a depository institution as defined in 12 U.S.C. 2907(b)(2). Subpart B—Standards for Assessing PerformanceQualifying Activities § 25.04 Qualifying activities criteria. (a) General—(1) A retail loan, a community development loan, a community development investment, or a community development service that helps to meet the credit needs of a bank’s entire community, including low- and moderate-income communities, is a qualifying activity if it meets the criteria in this section at the time the activity is originated, made, or conducted.(2) Notwithstanding paragraph (a)(1) of this section, a loan or investment that was a qualifying activity and is subsequently sold remains a qualifying activity unless the OCC determined prior to the sale that the activity is no longer a qualifying activity.(3) Notwithstanding paragraphs (a)(1) and (a)(2) of this section, other than home mortgage loans or consumer loans provided to middle- or upper-income individuals in low- or moderate-income census tracts, an activity that would have received positive consideration in a CRA performance evaluation on the date prior to [INSERT FINAL RULE EFFECTIVE DATE] and is on a bank’s balance sheet on the effective date of this rule is a qualifying activity. (b) Retail loans. A home mortgage loan, small loan to a business, small loan to a farm, or consumer loan is a qualifying activity if it is:
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Wholesale bank means a bank that is not in the business of extending home mortgage, small business, small farm, or consumer loans to retail cus- tomers, and for which a designation as a wholesale bank is in effect, in accord- ance with § 228.25(b).[Reg. BB, 60 FR 22190, May 4, 1995]EDITORIAL NOTE: For FEDERAL REGISTER ci-tations affecting § 228.12, see the List of CFR Sections Affected, which appears in the Finding Aids section of the printed volume and at www.fdsys.gov. Subpart B—Standards for Assessing Performance SOURCE: Reg. BB, 60 FR 22191, May 4, 1995,unless otherwise noted. § 228.21 Performance tests, standards, and ratings, in general.(a) Performance tests and standards. The Board assesses the CRA perform- ance of a bank in an examination as follows:
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Related to Wholesale bank

  • Wholesale means a sale for the purpose of resale."

  • UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • L/C Bank means the Acceptable Bank providing a letter of credit pursuant to Section 5.3 of the Facility Lease.

  • wholesale customer means a natural or legal person purchasing electricity for the purpose of resale inside or outside the system where he is established;

  • HSBC means HSBC Auto Finance, Inc., HSBC Auto Credit Inc., HSBC Auto Accounts Inc. and certain affiliates of such entities.

  • Licensed financial institution means a financial institution issued a license under this act.

  • Wholesale Service means Telecommunication Services that Embarq provides at retail to subscribers who are not Telecommunications Carriers as set forth in 47 USC §251(c)(4) which Embarq provides to resellers at a wholesale rate.

  • Financial Services means any service of a financial nature, including (but not limited to) —

  • Mobile Banking Service means the EB Services which we enable you to access via the Mobile Banking App or a web browser designed for use on a Mobile Device; and

  • International Financial Institution means any bank in the top 1,000 (together with their affiliated companies) as measured by "Tier 1" capital or any broker/dealer in the top 100 as measured by capital.

  • International banking institution means an international financial institution of which the United States is a member and whose securities are exempt from registration under the Securities Act of 1933.

  • Canadian financial institution means (i) an association governed by the Cooperative Credit Associations Act (Canada) or a central cooperative credit society for which an order has been made under section 473(1) of that Act, or (ii) a bank, loan corporation, trust company, trust corporation, insurance company, treasury branch, credit union, caisse populaire, financial services cooperative, or league that, in each case, is authorized by an enactment of Canada or a jurisdiction of Canada to carry on business in Canada or a jurisdiction of Canada;

  • Eye bank means a person that is licensed, accredited, or regulated under federal or state law to engage in the recovery, screening, testing, processing, storage, or distribution of human eyes or portions of human eyes.

  • Wholesale dealer means any dealer who deals in, or who holds a licence under any law to deal in, as the case may be, wholesale quantities of goods, and the business and stock of a wholesale dealer shall be deemed to include the business and stocks of any retail dealer who conducts business on the same premises on which the wholesale dealer conducts his or her business; and

  • UK Financial Institutions means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Financial Services Provider means any Lender and any other provider of financial services or products;

  • Eligible Bank means a bank or trust company that (i) is organized and existing under the laws of the United States of America or Canada, or any state, territory, province or possession thereof, (ii) as of the time of the making or acquisition of an Investment in such bank or trust company, has combined capital and surplus in excess of $500.0 million and (iii) the senior Debt of which is rated at least “A-2” by Moody’s or at least “A” by Standard & Poor’s.

  • The World Bank means the International Bank for Reconstruction and Development (IBRD) or the international Development Association (IDA).

  • foreign financial institution means an institution registered as a foreign financial institution with the Ministry of Finance in the Mexican Banking and Financial Institutions, Pensions, Retirement and Foreign Investment Funds Registry for purposes of Article 195, Section I of the Mexican Income Tax Law.

  • Eligible Financial Institution means, as of the date of any assignment as contemplated in Section 8.07(a)(i), a commercial bank or financial institution (i) with a credit rating on its long-term senior unsecured debt of either (a) “AA-” or better from S&P or (b) “Aa3” or better from Xxxxx’x; and (ii) having shareholders' equity of not less than $5,000,000,000.

  • RBS means The Royal Bank of Scotland plc.

  • your financial institution means the financial institution nominated by you on the DDR at which the account is maintained.

  • Financial Products “Development Services”; “Target Market”; “Investment Areas”; and “Targeted Populations” have the meanings ascribed to such terms in 12 C.F.R. 1805.104.

  • ABC means ABC, Inc., a New York corporation and a wholly owned Subsidiary of the Borrower, or any successor thereto.

  • Merchant means a company, firm or other organisation accepting either all Cards as a means of payment for goods and/or services or at least one type of Card for business to business transactions.

  • Digital Banking (a) means our present and future online banking services which can be accessed through 365 Online, Business Online, Bank of Ireland Mobile Banking, and services available on www.bankofireland.com; and