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lead bank

 

Definitions from WordNet

Noun lead bank has 1 sense
  1. lead bank, agent bank - a bank named by a multi-bank lending syndicate to protect their interests
    --1 is a kind of depository financial institution, bank, banking concern, banking company

Definitions from the Web

Term: Lead Bank

Definition:

A lead bank refers to a financial institution that takes a prominent or primary role in organizing and coordinating a syndicated loan or financing arrangement. This bank is responsible for overseeing the loan process, collecting commitments from other participating banks, and managing the relationship with the borrower.

Sample sentences:

  • The lead bank successfully led the syndicated loan, ensuring efficient financing for the infrastructure project.
  • We decided to approach a lead bank to help organize the financing for our expansion plans.
  • As the lead bank, it is their duty to negotiate the terms and conditions of the loan agreement.

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