agent bank

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  • noun

Synonyms for agent bank

a bank named by a lending syndicate of several banks to protect their interests

a bank that acts as an agent for a foreign bank

References in periodicals archive ?
In 2018, the agent banks issued mortgage loans worth 273 million manats ($160.64 million).
According to the BIR, payment of taxes may be done manually through the authorized agent banks (AABs) or with the revenue collection officers of the revenue district office where there are no AABs.
This makes our portal a comprehensive repository for agent bank data and a true one-stop data solution for the market."
Note 3: Financial facilities subject to the provisions of this article shall be paid only through governmental and non-governmental agent banks.
The move comes after president Hassan Rouhani decided to transfer the accounts of all state bodies from agent banks to the Central Bank of Iran.
Citi received the leading client award in Global Custodian's "Agent Banks in Emerging Market" category for Central and Eastern Europe.
Global Custodian, a publication in the international securities industry, conducts an annual survey on agent banks in major and emerging markets and ranks each bank based on client feedback, the company said.
In December 2017, agent banks of Azerbaijan Mortgage and Credit Guarantee Fund CJSC issued 500 loans worth over 36.6 million manats, said a message posted on the fund's website.
1, these could still be traded for the New Generation Currency (NGC) notes in BSP offices as well as authorized agent banks until Dec.
"Currently ECO Trade and Development Bank has 3-4 agent banks and small and medium Iranian enterprises could use the bank's facilities via those agents," Ghazavi said on Saturday.
The deal between the two agencies will see them deploy agent banks as part of financial inclusion measures.
The banking hours of authorized agent banks will also be extended up to 5 p.m.