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Glossary > C > "Consortium bank" Definition

Consortium bank

A bank jointly owned by a number of other banks. An increasingly unfashionable way for small banks to engage in eurocurrency business.

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Consortium bank - A bank jointly owned by a number of other banks. An increasingly unfashionable way for small banks to engage in eurocurrency business.

Consortium bank : a bank jointly owned by a number of other banks. an increasingly unfashionable way for small banks to engage in eurocurrency business.