Concentration Banks
Concentration Banks
A small number of large banks a firm contracts with to periodically collect the firm's deposit balances from a group of smaller banks.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Concentration Banks
A small group of large banks that a firm periodically asks to collect its deposits from a larger group of smaller banks.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved