Ancillary business: Difference between revisions
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* [[Relationship banking]] | * [[Relationship banking]] | ||
Revision as of 18:33, 9 April 2025
1. Bank relationship management.
Ancillary banking business is profitable work beyond the bank's core funds transfer and borrowings products.
- Bank credit commitment
- "The USPP mandate will be valuable ancillary business for the bank, which makes it a good opportunity to secure extension of a bank credit facility."
- The Treasurer's Wiki, Assessing the US private placement market from a corporate perspective.
2.
More generally, ancillary business is:
- Any line of business outside a provider's core offerings
- Any additional business arising out of a core transaction
