Bank: Difference between revisions
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imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Expand and add links.) |
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A regulated institution offering certain financial services. | A regulated institution offering certain financial services. | ||
In the UK, the banking system includes the Bank of England (the | 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. | 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. | To deposit (cash, cheques or similar) in a bank or transact business with a bank. | ||
| Line 12: | Line 17: | ||
== See also == | == See also == | ||
* [[Bank of England]] | |||
* [[Central bank]] | * [[Central bank]] | ||
* [[Commercial banks]] | * [[Commercial banks]] | ||
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* [[Independent Commission on Banking]] | * [[Independent Commission on Banking]] | ||
* [[Money market]] | * [[Money market]] | ||
* [[NBFI]] | |||
* [[Private equity house]] | * [[Private equity house]] | ||
* [[Ring fence]] | * [[Ring fence]] | ||
Revision as of 19:16, 10 August 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.
