Bank: Difference between revisions

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imported>Doug Williamson
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imported>Doug Williamson
(Amend link to Commercial bank page.)
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* [[Central bank]]
* [[Central bank]]
* [[Challenger bank]]
* [[Challenger bank]]
* [[Commercial banks]]
* [[Commercial bank]]
* [[Credit creation]]
* [[Credit creation]]
* [[DTLB]]
* [[DTLB]]

Revision as of 16:32, 13 March 2017

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