Multibank Holding Company

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Multibank Holding Company

A company that is the majority shareholder in at least two banks. A multibank holding company controls the operations of the banks it owns. Multibank holding companies have access to liquidity from regulators through the loans made to the banks themselves. In the United States, all bank holding companies must register with the Federal Reserve and are subject to its regulation, though they may also be responsible to other regulators as well.
References in periodicals archive ?
We also contrasted 1989 subsamples of consolidated multibank holding companies with subsamples of independent banks with branches.
In fact, 90 percent of the 334 multibank holding companies in our subsamples operated with more than one branch.
To a large extent the increase in this size category reflects the recent rise of large regional and "superregional" organizations, the vast majority of which are multibank holding companies.
The 100 largest organizations by and large are multibank holding companies, each of which has combined domestic banking assets exceeding $2 billion.
Over the 1976-87 period, the number of bank branches rose from 33,027 to 46,314, in large part reflecting the acquisition and subsequent conversion of banks to branches by multibank holding companies and the establishment of new branches.
Data on off-balance-sheet assets are reported by multibank holding companies and one-bank holding companies with more than $150 million in total assets.
Assets belonging to multibank holding companies are assigned to regions based on the location of branches and subsidiary banks rather than on the location of the parent organization.