Wholesale Bank

Wholesale Bank

A bank that offers services to institutional investors, businesses (especially large businesses), other banks, and investment vehicles such as mutual funds or pensions. Wholesale banks usually conduct transactions worth large amounts of money, and wholesale clients can be prioritized above individual customers. This contrasts with retail banking, which specializes in individual clients.
References in periodicals archive ?
The Federal Home Loan Bank of New York is a Congressionally chartered, wholesale bank. It is part of the Federal Home Loan Bank System, a national wholesale banking network of 11 regional, stockholder-owned banks.
The Central Bank of Bahrain (CBB) has granted a wholesale bank (branch) licence to Bank of Jordan to operate in Kingdom of Bahrain.
29 (Petra)- The Central Bank of Bahrain (CBB) said Monday it has granted a wholesale bank (branch) license to the Bank of Jordan to operate in the Gulf nation.
29 (BNA): The Central Bank of Bahrain (CBB) said it has granted a wholesale bank (branch) license to Bank of Jordan to operate in Kingdom of Bahrain.
2 private financial institution in the country, has finished its merger with Brazil's BBA Creditanstalt, creating the largest wholesale bank in the country.
Write-offs from the wholesale bank were just pounds 34m a year earlier as Abbey's pre-tax profits fell to pounds 1.94bn from pounds 1.97bn.
It has said it will upgrade all offshore banks to wholesale bank status over time, but plans to grant some 20 wholesale banking licenses over the next two years.
Morgan Guaranty is a "wholesale bank" for CRA purposes(30) and its performance is evaluated under the "community development test."(31) Community development activities as a general matter must benefit areas in an institution's assessment area(s) or a broader statewide or regional area that includes the institution's assessment area(s).(32)
A Congressionally chartered wholesale Bank, The Federal Home Loan Bank of New York is part of the Federal Home Loan Bank System, a national wholesale banking network of 11 regional, stockholder-owned banks.
The Central Bank of Bahrain (CBB) has granted a wholesale bank (branch) license to Bank of Jordan to operate in Kingdom of Bahrain.
As such, Bankers Trust has been evaluated as a "wholesale bank" under the Board's CRA regulations.(18) Deutsche Bank proposes to continue to operate Bankers Trust as a wholesale bank and to maintain the CRA policies of Bankers Trust.