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bank holding company

/bæŋk ˈhoʊldɪŋ ˈkʌmpəni/

1 entry

phrase

/bæŋk ˈhoʊldɪŋ ˈkʌmpəni/C1formalbusiness
  • ruФинансовое учреждение, которое владеет и контролирует один или несколько банков, обычно в качестве материнской компании, без обязательного участия в повседневной банковской деятельности.

A financial institution that owns and controls one or more banks, typically as a parent company, without necessarily being involved in day-to-day banking operations.

  1. Financial corporationC1formal

    A corporation that owns or controls one or more banks, typically through stock ownership.

    ruФинансовая корпорация

    • The bank holding company reported strong quarterly earnings.
    • Regulators approved the merger of the two bank holding companies.
    • A bank holding company must comply with strict federal oversight.