Encyclopedia > Non-bank

  Article Content

Non-bank

A non-bank or a non-bank bank, is a financial institution that provides banking services without meeting the legal definition of a bank, i. e. that does not hold a banking license. Operations are, regardless of this, still exercised under financial supervision.

Non-bank institutions frequently acts as suppliers of loans and credit facilities, however they are typically not allowed to take deposits from the general public and have to find other means of funding their operations such as issuing debt instruments.



All Wikipedia text is available under the terms of the GNU Free Documentation License

 
  Search Encyclopedia

Search over one million articles, find something about almost anything!
 
 
  
  Featured Article
Eurofighter

... built by a consortium of European nations formed in 1983. The initial members were the United Kingdom, France, Germany, Italy and Spain. In 1985 France withdrew in ...

 
 
 
This page was created in 22.6 ms