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Bank
(redirected from Credit institution)

   Also found in: Medical, Legal, Encyclopedia, Wikipedia, Hutchinson 0.01 sec.
Bank
A commercial institution licensed as a receiver of deposits. Banks are mainly concerned with making and receiving payments as well as supplying short-term loans to individuals.

Notes:
In most countries banks are supervised by the national government or central bank.


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The seller, who might be a bank or other credit institution with many small borrowers, offers a package of mortgages, car loans, consumer loans or even credit card loans.
Hund says Rabobank's growth plans call for "looking at any opportunity that presents itself, whether it's another Farm Credit institution, whether it's portfolios from commercial banks, whether it's other finance companies, whether it's organic growth.
Cedulas Hipotecarias may be issued by any credit institution who respect the few criteria mentioned above.
 
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