Agency bank

The financial definition for Agency bank:

A form of organization commonly used by foreign banks to enter the US market. An agency bank cannot accept deposits or extend loans in its own name; it acts as agent for the parent bank. It is also the financial institution that issues ADRs to the general market.

Similar Matches

Agency basis

Agency basis
A means of compensating the broker of a program trade solely on the basis of commission established through bids submitted by various brokerage firms.

Agency cost view

Agency cost view
The argument that specifies that the various agency costs create a complex environment in which total agency costs are at a minimum with some, but less than 100%, debt financing.

Agency costs

Agency costs
The incremental costs of having an agent make decisions for a principal.

Further Suggestions

Agency incentive arrangement
Agency problem
Agency securities
Agency theory
Federal agency bond
Federal agency securities
Fiscal agency agreement

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Agency bank
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