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A bank dealing in commercial loans and investment.
financial institutionView synonyms
- ‘To strengthen the local financial institutions, a massive merger exercise has been launched to reduce the number of banking institutions to 10 giant banking groups, each with a commercial bank, a finance company and a merchant bank.’
- ‘In wide open economic societies like the G8 countries, merchant banks can also replace the role of the central bank.’
- ‘Without the merchant banks, it would have been difficult to establish this link.’
- ‘And why can we not accommodate our really big projects under the African Development Bank, or even the merchant banks in South Africa?’
- ‘On August 31, 2001, the government engaged the merchant bank to investigate the rail company's financial strength.’
- ‘In our experience as a merchant bank, we've found that 70% of family businesses don't survive to the next generation.’
- ‘The licence of a thirteenth merchant bank was suspended and its ownership transferred while the business of three other merchant banks has been halted.’
- ‘The four largest retail banks and the French bank were nationalized, as were the thirty-four leading insurance companies, but not the smaller banks nor merchant banks.’
- ‘A merchant bank, venture capital firm, or conventional lender that is unfamiliar with a business will find it more difficult to assess risk and will be less accommodating.’
- ‘The ability to work hard and play hard is the kind of quality that merchant banks looked for in employees during the hardcore Yuppie years of the late 80s.’
- ‘That has always been the situation with the universal banks of jurisdictions like Germany, but in England the clearing banks and merchant banks were for over a century institutionally separate.’
- ‘Some British firms employed merchant banks to arrange their supply of capital finance.’
- ‘Zambian exporters have been urged to take advantage of new financial and trading initiatives rather than wait on traditional commercial and merchant banks to adjust their credit policies.’
- ‘The convent building was originally a merchant bank and had come down through their family.’
- ‘I've no problems with merchant banks, but the public and voluntary sector need good managers.’
- ‘The management of the funds available for investment was initially put in the hands of merchant banks as investment managers.’
- ‘The merchant bank will have relationships with acquiring banks that can handle both credit card processing and Internet payments.’
- ‘You helped show us, for instance, that when an ambitious Canadian bank builds a merchant bank, there are two places you want to be: running it or borrowing from it.’
- ‘There were high street banks, building societies, merchant banks and investment banks.’
- ‘‘It must be able to operate as a merchant bank as well as a venture capital financial institution,’ he said.’
- ‘Its international activities began with trade in the Persian Gulf in different commodities besides merchant banking.’
- ‘A friend of mine working in New York merchant banking said that every major American deal can be traced back to Texas money.’
- ‘He still went on to win a cricket Blue at Cambridge, but merchant banking rather than cricket was to be his initial profession.’
- ‘He then spent the following three years working in journalism and merchant banking.’
- ‘None the less, London remains a major centre of merchant banking.’
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