Wholesale lending definition

Wholesale lending means granting a loan or extension of credit to a local financial institution.
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Wholesale lending means granting a loan or extension of credit to a local financial institution.: 575o4 - noncompєtition (b) Except as provided in paragraph (2) of subdivision (c), a public bank shall conduct retail activities in partnership with local financial institutions and shall not compete with local financial institutions.(c) A public bank may do both of the following: (1) Engage in all of the following banking activities:
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Examples of Wholesale lending in a sentence

  • He has also been associated with L&T Infrastructure Finance Company Limited as Managing Director & CEO, L&T Finance Holdings Limited as Group Executive and Vice President wherein he was handling Enterprise Risk Management, Wholesale lending, Private Equity, CSR & RBI related activites.

  • Wholesale lending by banks to other financial institutions (including SHIs) for housing purposes within the FSC target market has, for instance, grown by 38% between 2004 and 2008, to over R900‐million (about US$96‐million) (derived from FSC Update Presentation, 2008).

  • Wholesale lending to smaller financial institutions, including smaller banks and microfinance institutions that, in turn, lend to market vendors and other entities serving the needs of subsistence farmers.

  • Wholesale lending is for accredited financial intermediaries (including MFIs, rural and thrift banks, cooperatives, and NGOs) who borrow for amounts ranging from $100,000 to $500,000 equivalent on DBP’s lending terms.

  • Wholesale lending is done by participating GFIs which are : the Development Bank of the Philippines (DBP), the Land Bank of the Philippines (LBP), the SBGFC, and the Social Security System (SSS), the National Livelihood support Fund (NLSF), the Philippine Export-Import Credit Agency (Ex-Im), the Quedan & Rural Credit Guarantee Corporation (QUEDANCOR), and the People’s Credit and Finance Corporation (PCFC).

  • The Company has set up a Credit Committee for approval of the lending in both Retail Operations and Wholesale lending, the decision by the Credit Committee shall be binding on the Business Department.

  • Wholesale lending to companies generally does not require authorisation, provided the lender does not take de- posits, carries on investment services or provides services to consumers.

  • Wholesale lending is managed on a name-by-name basis for each type of counterparty and borrower Group.

  • Wholesale lending to private sector players and community-based financial intermediaries reducessignificantly transaction costs for financial institutions and benefits SSI farmers directly.

  • That is especially the case because the Government cannot and has not set forth a convincing rationale that the medical and administrative exemptions it granted do not equally undermine its asserted interests.

Related to Wholesale lending

  • Eligible lending institution means a financial

  • 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.

  • Mortgage Loan Borrower Related Party shall have the meaning assigned to such term in Section 13.

  • Chase means The Chase Manhattan Bank.

  • Finance means the Division of Finance.

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

  • Electric motor vehicle means a motor vehicle that is powered solely by an

  • Fundserv means the facility maintained and operated by Fundserv Inc. for electronic communication with participating companies, including the receiving of orders, order match, contracting, registrations, settlement of orders, transmission of confirmation of purchases, and the redemption of investments or instruments.

  • Applicable Lending Office means, with respect to each Lender, such Lender’s Domestic Lending Office in the case of a Base Rate Advance and such Lender’s Eurocurrency Lending Office in the case of a Eurocurrency Rate Advance.

  • Pure electric vehicle (PEV) means a vehicle equipped with a powertrain containing exclusively electric machines as propulsion energy converters and exclusively rechargeable electric energy storage systems as propulsion energy storage systems.

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

  • Wells Fargo means Wells Fargo Bank, National Association.

  • Intercollegiate sport means a sport played at the collegiate level for which eligibility requirements for participation by a student athlete are established by a national association for the promotion or regulation of collegiate athletics.

  • Commercial loan means a loan that is not made primarily for

  • Home Equity Loans means loans or funded portions of lines of credit secured by mortgages on one-to four-family residences or stock of cooperative housing associations, where the Failed Bank did not have a first lien on the same property as collateral.

  • Noncustodial parent means a person who, at the time of the commencement of court proceedings in the sending state, does not have sole legal custody of the child or has joint legal custody of a child, and who is not the subject of allegations or findings of child abuse or neglect.

  • Custodial parent means a parent awarded custody by a court decree. In the absence of a court decree, it is the parent with whom the child resides more than one half of the calendar year without regard to any temporary visitation.

  • Electric vehicle means a road vehicle that draws propulsion energy only from an on-board source of electrical energy.

  • Mortgage Loan Borrower shall have the meaning assigned to such term in the recitals.

  • Home Equity Loan means a loan or funded or unfunded portions of a line of credit secured by a mortgage on a one-to four-family residences or stock of cooperative housing association, where the Failed Bank did not have a first lien on the same property as collateral.

  • NCB means National City Bank, a national banking association, together with its successors and assigns.

  • Funding means the amounts of money provided by the LHIN to the HSP in each Funding Year of this Agreement;

  • Applicable Lender has the meaning assigned to such term in Section 2.06(d).

  • Fire Marshal means the State Fire Marshal.

  • Residual Funding Facility means any funding arrangement with a financial institution or institutions or other lenders or purchasers under which advances are made to the Company or any Subsidiary based upon residual, subordinated or retained interests in Receivables Entities or any of their respective securities, debt instruments or other Indebtedness.

  • Finance Department means the Finance Department of the Government of Assam;