Secondary Bank

1. A bank that provides financing for purchases that require repayment on an installment plan.

2. A bank that provides financing to other banks, rather than to businesses or individuals.

References in periodicals archive ?

Aozora will continue to be proactive in providing differentiated and specialized real estate-related financial products and services as the "Primary Secondary Bank; the partner of choice".

Aozora Bank Ltd (TYO)--Aozora Announces Establishment of Private Placement Real Estate Fund "Aozora Residential Fund Ichi-go"--28/6/2019

With this, the organisation concludes a period of 28 years of service to the community as a secondary bank institution.

Trustbank Amanah to play role in development of entrepreneurship and economic growth

The simple introduction of a secondary bank account to collect VAT monies owed should ensure payments can be met when requested.

Small businesses have some adjustments to do for VAT

While just 5% of consumers use a secondary bank for checking and savings, 42% use a secondary bank for a credit card, 24% for a mortgage, 24% for an auto loan, and 27% for an IRA.

US banks not leveraging customer loyalty enough, says FICO

Given Japanese habits related to financial eggs and multiple banking baskets (in 2005, over 520 million bank accounts, including Post Office accounts, were held by a total population of just over 120 million people), the role of a secondary bank is hardly a rarity and is a viable market position.

Standing out from the crowd

"There is still plenty of credit about for appropriately priced and valued projects and much of the pain has been felt by hedge funds and the odd secondary bank in Europe.

Merseyside keeps a cool head despite Shockwaves of US sub-prime crisis; There's a positive outlook in the region despite threats of a credit crunch IN ASSOCIATION WITH Rensburg Sheppards

The program would have three components: (a) regulation of the Execution of the Monetary Policy and Adjustment of the structure of the Central Bank to fulfill the objectives of the new Monetary Law; (b) strengthening of the banking supervision and development of the financial market; and (c) creation of a secondary bank--the new Monetary and Financial Law includes the constitution of a new secondary bank that will be dedicated to the arrangement and facilitation of resources for the productive sectors, as well as the promotion of a secondary market of mortgages.

FINANCIAL REFORM CONSOLIDATION

I got a job interview with the manager of a secondary bank. He was a delightful chap -- he offered me a mint and tossed me a copy of,a balance sheet for one of his bank's clients.

Over-trading and out

A secondary bank of x-ray machines and people per form subsequent checks until each bag is cleared.

World's largest integrated baggage handling system opens in Hong Kong

Remember Credit Squeezes and the Secondary Bank crisis?

Letter: We're stupid to let people get into debt

But wholesale money markets bring together surplus or primary banks with an excess of deposits from non-banks and deficit secondary banks which do not have large deposit bases and obtain deposits in wholesale markets.

Commentary: the banking crisis and the economy

Devlin and Gerrard (2005) studied the relative importance of various choice criteria for main and secondary banks. Results showed that relatively rudimentary factors such as location, recommendation and relationships were important choice criteria when choosing a main bank.

An insight into factors influencing bank selection decisions of Indian customers