lead bank

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  • noun

Synonyms for lead bank

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

References in periodicals archive ?
The lead bank scheme was introduced 44 years ago as a means of extending banking services to consumers, especially to the poor.
In the process, the Company has submitted and completed all documents required by the lead bank to obtain the banking facility for the acquisition of projects it will undergo.
The lead bank would then prepare a resolution plan including empanelling turnaround specialists, and other industry experts for an operational turnaround of the asset.
ICBC arranged for 6 out of the 10 biggest overseas acquisitions by Chinese enterprises as the lead bank. In addition, ICBC has actively met enterprises diversified financial demand by leading the establishment of an extensive interbank distribution network for syndicated loans.
Usually, loan participations are sold "at par" and any loan fees are shared prorata, though occasionally a lead bank may receive a "shave" of a fee to cover the significant time and expense the lead bank spends identifying, landing and/or administering the loan.
These aggregate trends are consistent with the trends in the average share of the credit that the lead bank retains on its balance sheet.
Maurice Heath, HSBC's Head of Corporate Banking for the Midlands, said: "To achieve the lead bank position - and indeed to be the only non-German bank is a real achievement for us in the Midlands.
As credit screener and chief monitor, the lead bank plays an important role in syndicated loans, which currently represent the largest source of financing globally.
The loan is co-financed with the Hong Kong and Shanghai Banking (HSBC) Corporation (the lead bank), BNP Paribas and Mizuho Corporate Bank.
This is the second phase in the restoration of Parkchester; Fleet previously was the lead bank providing $25 million in financing for the just completed renovation of the 8,265 apartment Parkchester South Condominium.
Credit Lyonnais is the lead bank for TAM's Airbus financing and arranged, for example, a $114 million export credit lease for four A319-100s for the Brazilian air carrier.
Needs Consolidation of Industry expertise business with Priorities from lead bank? lead bank?
As announced in SR Letter 00-15, risk assessments for small SSBHCs are now due within sixty days of receipt of the lead bank's full-scope examination report, instead of forty-five days (as stated previously in SR Letter 97-27 and the Board's S-Letter 2587).
To the extent that there are multiple creditors on a discharged loan, each must report discharges of $600 or more allocable to them, although a lead bank or other designee may report the discharge on behalf of all the creditors.
Global Banking News-11 January 2010-Former Bank of Israel head may lead Bank Leumi(C)2010 ENPublishing - http://www.enpublishing.co.uk