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 Central Bank of Bahrain (CBB) has granted a wholesale bank (branch) licence to Bank of Jordan to operate in Kingdom of Bahrain.
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.
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.
An international wholesale bank, The Bank ABC Group provides innovative wholesale financial products and services that include corporate banking, trade finance, project and structured finance, debt capital markets, syndications, treasury products and Islamic banking.
The Federal Home Loan Bank of New York is a Congressionally chartered, wholesale Bank.
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.
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.
18) Deutsche Bank proposes to continue to operate Bankers Trust as a wholesale bank and to maintain the CRA policies of Bankers Trust.
The Central Bank of Bahrain (CBB) has granted a wholesale bank (branch) license to Bank of Jordan to operate in Kingdom of Bahrain.
It will clearly position ING as a global wholesale bank and better describes what we do and the types of clients we serve.
21 November 2014 - New York-based wholesale bank The Federal Home Loan Bank of New York said that its its board of directors has approved a dividend for 3Q14 of 4.