|
Banking license - Definition and Overview |
|
|
|
|
A banking license is a prerequisite for a financial institution that wants to provide banking services. Under most jurisdictions the fundamental banking activities, such as taking deposits from the general public are exclusive to holders of a banking license.
However some banking services may be provided without meeting the legal definition of a bank, not holding a banking license. Such an institution is generally referred to as a non-bank.
See also: Finance
|
|
Example Usage of Banking |
 |
peterstmartin: Private Banking: Lending to the Wealthy: U.S. Home Prices Still ... http://bit.ly/7kxIDP |
 |
Thetrumpmlm09: Fears over Dubai send European shares tumbling: The value of British Banking shares plunged by £13.7 billion today... http://bit.ly/4VaGzF |
 |
investmart: PRESS RELEASE: Bertie Ahern to become Chairman of the ...: Banking solutions and asset management services. The fir... http://bit.ly/5pqGrc |
|