Wholesale lending definition

Wholesale lending means granting a loan or extension of credit to a local financial institution.
Wholesale lending means granting a loan or extension of credit to a local financial institution.: 575o4 - noncompєtition (b) Except as provided in paragraph (2) of subdivision (c), a public bank shall conduct retail activities in partnership with local financial institutions and shall not compete with local financial institutions.(c) A public bank may do both of the following: (1) Engage in all of the following banking activities:

Examples of Wholesale lending in a sentence

  • Wholesale lending offices only (have no direct contact with a consumer) are not required to be licensed.

  • Wholesale lending activities in USD denominated syndicated loans in the primary loan market and purchase by assignment of secondary traded USD denominated loans.

  • Wholesale lending is for accredited financial intermediaries (including MFIs, rural and thrift banks, cooperatives, and NGOs) who borrow for amounts ranging from $100,000 to $500,000 equivalent on DBP’s lending terms.

  • Wholesale lending is managed on a name-by-name basis for each type of counterparty and borrower Group.

  • Wholesale lending to companies generally does not require authorisation, provided the lender does not take de- posits, carries on investment services or provides services to consumers.

  • He has also been associated with L&T Infrastructure Finance Company Limited as Managing Director & CEO, L&T Finance Holdings Limited as Group Executive and Vice President wherein he was handling Enterprise Risk Management, Wholesale lending, Private Equity, CSR & RBI related activites.

  • She reports to both the Head of Overseas Branch and the EMEA Head of Wholesale lending (who is not approved) who in turn reports to the PRA-approved Group Entity Senior Manager.

  • Wholesale lending, on the other hand, involves firms as the borrowers and therefore is of much higher value, more complicated and poses more threats to the banks.2.2 Concept of Credit in the Banking SectorAcquisition of bank loans spans for several decades.

  • Monitor textbook dispersal, collection and student fee process for lost or damaged textbooks.

  • Wholesale lending: a.1. Single-borrower exposures: In the wholesale side, we want to make the loan book granular by reducing our exposure to large borrowers.

Related to Wholesale lending

  • Eligible lending institution means a financial

  • Financial Products “Development Services”; “Target Market”; “Investment Areas”; and “Targeted Populations” have the meanings ascribed to such terms in 12 C.F.R. 1805.104.

  • Mortgage Loan Borrower Related Party shall have the meaning assigned to such term in Section 13.

  • Chase means JPMorgan Chase Bank, N.A., a national banking association, in its individual capacity, and its successors.

  • Finance means the Division of Finance.

  • Wholesale means a sale for the purpose of resale."

  • Electric motor vehicle means a motor vehicle that is powered solely by an

  • Fundserv means the facility maintained and operated by Fundserv Inc. for electronic communication with participating companies, including the receiving of orders, order match, contracting, registrations, settlement of orders, transmission of confirmation of purchases, and the redemption of investments or instruments.

  • MLCC Xxxxxxx Xxxxx Credit Corporation, or its successor in interest.

  • Applicable Lending Office means, with respect to each Lender, such Lender’s Domestic Lending Office in the case of a Base Rate Loan and such Lender’s Eurodollar Lending Office in the case of a Eurodollar Rate Loan.

  • Pure electric vehicle (PEV) means a vehicle equipped with a powertrain containing exclusively electric machines as propulsion energy converters and exclusively rechargeable electric energy storage systems as propulsion energy storage systems.

  • Financial Services means any service of a financial nature, including (but not limited to) —

  • Portfolio Securities or "investments" of the Series shall mean, respectively, such assets, net assets, securities, portfolio securities or investments which are from time to time under the management of the Subadviser pursuant to this Agreement.

  • Fifth Third means Fifth Third Bank, National Association.

  • Wells Fargo means Wells Fargo Bank, National Association.

  • CIT means The CIT Group/Commercial Services, Inc.

  • Intercollegiate sport means a sport played at the collegiate level for which eligibility requirements for participation by a student athlete are established by a national association for the promotion or regulation of collegiate athletics.

  • Commercial loan means a loan that is not made primarily for

  • Fundserv Notes means Notes purchased through Fundserv.

  • Home Equity Loans means loans or funded portions of lines of credit secured by mortgages on one-to four-family residences or stock of cooperative housing associations, where the Failed Bank did not have a first lien on the same property as collateral.

  • Noncustodial parent means a person who, at the time of the commencement of court proceedings in the sending state, does not have sole legal custody of the child or has joint legal custody of a child, and who is not the subject of allegations or findings of child abuse or neglect.

  • Custodial parent means a parent awarded custody by a court decree. In the absence of a court decree, it is the parent with whom the child resides more than one half of the calendar year without regard to any temporary visitation.

  • Electric vehicle means a road vehicle that draws propulsion energy only from an on-board source of electrical energy.

  • Mortgage Loan Borrower shall have the meaning assigned to such term in the recitals.

  • Home Equity Loan means a loan or funded or unfunded portions of a line of credit secured by a mortgage on a one-to four-family residences or stock of cooperative housing association, where the Failed Bank did not have a first lien on the same property as collateral.

  • Funding means the amounts of money provided by the LHIN to the HSP in each Funding Year of this Agreement;