Bank: Difference between revisions

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* [[Challenger bank]]
* [[Challenger bank]]
* [[Commercial banks]]
* [[Commercial banks]]
* [[Credit creation]]
* [[DTLB]]
* [[DTLB]]
* [[Financial intermediary]]
* [[Financial intermediary]]

Revision as of 16:06, 11 November 2016

1.

A regulated institution offering certain financial services.

In the UK, the banking system includes the Bank of England (the central bank), the commercial banks, merchant banks and branches of foreign banks and National Savings & Investment.


2.

When used by the Bank of England, the term 'the Bank' normally means the Bank of England.


3.

To deposit (cash, cheques or similar) in a bank or transact business with a bank.


See also