Consortium bank
Consortium bank refers to a banking joint venture, owned by two or more individual banks often of different nationalities. Consortium banks are formed in order to offer loans that are larger than the capacity of any one single bank, as well as to engage in other aspects of international banking.
Category: Banking & Finance
Previous: ← Consolidated financial statement
Next: Contagion →
More from this Section
- Creditworthiness
Creditworthiness is a creditor’s measure of a consumer’s or company’s past and future ... - Direct taxes
Direct taxes are taxes which affect the consumer directly, such as income tax, corporate ... - Financial derivatives
Financial derivatives is the instruments that have payoffs that are linked to previously ... - Coverage for damage to your auto
Coverage for damage to your auto, that part of the personal auto policy that pays for ... - Free-rider problem
Free-rider problem is the problem that occurs when people who do not pay for information ...