Eurobank

(redirected from Euro bank)

Eurobank

A bank that regularly accepts foreign currency-denominated deposits and makes foreign currency loans.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Eurobank

1. A bank that regularly or primarily accepts deposits in currencies other than the one used in the country where the bank is located. Eurobanks also make loans primarily in different currencies. See also: Eurocurrency.

2. See: EuroBancshares, Inc.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Others are Prudential Building Society, Middle African Finance, Pan African Bank, Kenya Finance, Trust Bank and Euro Bank.
Warsaw/London: Fitch Ratings has placed Euro Bank S.A.'s Issuer Default Ratings (IDRs), National Ratings and Support Rating on Rating Watch Negative (RWN).
58 per cent of Cypriots responded positively to the idea of abolishing the one and two cent euro coins, 96 per cent felt confident in handling euro bank notes and 90 per cent felt confident in handling euro coins.
Convert half now and half later (save it in a euro bank account - don't leave it with a foreign exchange agency, it's not protected) spreading the risk.
"Europe should establish a Euro bank to continue banking cooperation with Iran," Majedi said on Monday.
Intensifying its support for JordanAaAaAeAeAaAaAeA@'s solar power program, the Euro Bank for Reconstruction and Development (EBRD) is extending a US$ 22 million loan for the construction and operation of a 50 MW photovoltaic (PV) plant in the Risha region, 300 km north-east of the capital Amman, according to a statement from the bank.
"Business banks that obtained licenses to operate with payment operations with abroad and have opened euro bank accounts in MIPS of NBRM will be enabled to perform cross-border euro payments for their clients, natural persons and legal entities, through the fastest and safest payment system in Europe", stress from the National Bank of the Republic of Macedonia.
Ms Hughes said other partners had said they were no longer prepared to pay funds into sterling bank accounts: "We're fine with that, because we have euro bank accounts too, but other small and mediumsized companies won't have."
Ms Hughes said other partners said they were no longer prepared to pay funds into sterling bank accounts: "We're fine with that, because we have euro bank accounts too, but other small and medium-sized companies won't have."
"By integrating SEPA Direct Debit in PW Local, international businesses will now be able to effortlessly handle all euro bank transfer payments within the SEPA zone."
The Greek central bank should no longer electronically produce any new euros or issue euro bank notes, noted Sinn.