Prime bank

From ACT Wiki
Revision as of 13:29, 31 March 2021 by imported>Doug Williamson (Add 2nd definition. Source: linked pages.)
Jump to navigationJump to search

1. Banking - credit risk.

A bank which is considered to be very highly creditworthy, so that it presents a very low credit risk.


2. Reference rates.

A highly creditworthy bank that is the basis for calculating a reference interest rates.


See also

Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=Prime_bank&oldid=38304’