 Definition of Manager, managing bank - Finance dictionary
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Manager, managing bank ((See Chapter 26 of the Vernimmen))
Managers (or managing banks) are appointed by the lead bank. The role of managing banks is to help identify and organise a wider contingent of participating banks, or participants, as the final bank lenders. Some of the lending banks contributing major amounts are referred to as co-managers. Also called managing bank.
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Definitions of terms begining
with the same letter as "Manager, managing bank"
:
Manager, managing bank ((See Chapter 26 of the Vernimmen))
Managers (or managing banks) are appointed by the lead bank. The role of managing banks is to help identify and organise a wider contingent of participating banks, or participants, as the final bank lenders. Some of the lending banks contributing major amounts are referred to as co-managers. Also called managing bank.
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