The newly released directive of the Bangladesh Banks Foreign Exchange Policy Department allows a BGMEA member manufacturer-exporter to get a loan of as much as $20 million via an authorised dealer bank
for input purchases against export letter of credit (L/C), firm export contract and inland back-to-back L/C.
In contrast, when a borrower repays the dealer bank
, the borrower also reclaims the collateral it posted to the bank.
Frequently, the local dealer bank
, becuse of its commitment to the community, is the only participant in the financial service industry that is willing to address the needs of such an issuer.
It is the temporary loan of a security from an institutional investor's portfolio to a broker/dealer or dealer bank
to support that firm's trading activities.
UPIBG was a nationwide fixed-income dealer bank
subsidiary of UPC, at the time UPC was a $4 billion bank holding company.
Global Banking News-September 15, 2014--BB seeks remittance information from dealer banks
The Funding Corporation, as agent for the System Banks, issues, markets, and handles System debt securities through a selling group of approximately 40 investment banks and dealer banks
The IILM auctioned a USD490m three-month sukuk to seven primary dealer banks
Funding Corporation utilizes selling groups of investment banks and dealer banks
SS&C's Lightning suite of Internet based information and services helps dealer banks
and their correspondents effectively manage their fixed income portfolios.
The first is a suite of bond accounting, interest rate analytic, and asset liability management services under the brand name PortPro(R), which is primarily sold through dealer banks
and bond brokers.
The following securities dealers and dealer banks
are currently authorized to sell Fannie Mae Investment Notes: A.