lead bank
noun[C]
FINANCEukus(alsoagent bank)abankthatrepresentsseveralbanksin themanagementofloansthat they havejoinedtogether in making:
Thegroupactedasleadbankon a $4.8billionloanto thebuyer.
Examplesoflead bank
lead bank
Usually, the lead underwriter in the main selling group is also theleadbankin the other selling groups.
From
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Several banks, for example, might chip in to fund one extremely large loan, with one of the banks taking the role of theleadbank.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Theleadbanktypically originates the loan, takes responsibility for the loan servicing of the participation loan, organizes and manages the participation, and deals directly with the borrower.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Loan syndication is a risk management tool that allows the lead banks underwriting the debt to reduce their risk and free up lending capacity.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.