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BNET Business Dictionary
- Bank
- a commercial institution that keeps money in accounts for individuals or organizations, makes loans, exchanges currencies, provides credit to businesses, and offers other financial services
- Bank definition on BNET »
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- Credit Card Bank Reorganized To Avoid Controversy
- Organizers of a credit card bank for credit unions have reconfigured their plans in order to circumvent an ongoing controversy over Industrial Loan Companies which could have killed the project.As a result, Union Financial Services has shed its credit uni Organizers of a credit card bank for credit unions have...
- Research articles 2006-09-18
- Brazil: MasterCard to reach 14mil issued credit cards.
- MasterCard expects a growth of 25% over its turnover in 2000 if compared to 1999". The result will be boosted by the number of banks which issues its cards. The company conquered more than 35 banks reaching a total of 80 issuers banks. The comp ...
- Research articles 2000-12-15
- Royal Bank of Scotland set for growth in Bidgeport.
- After buying People's Bank's credit card division in March, The Royal Bank of Scotland RBS says it has settled into Bridgeport and is ready to expand its kingdom. Dennis Jones, president and chief executive officer of Royal Bank of Scotland's Br After buying...
- Research articles 2004-10-11
- Keeping tabs on currency issues; Wise card, cash use key to avoiding fees; open local accounts.(Executive Travel Report)
- Byline: Jeremy Quittner Seth Hishmeh learned an important lesson during his first trip to China a few years ago. The chief operating officer of USAS Technologies, a Manhattan-based IT consulting firm, brought Visa traveler's checks and a Visa corp Byline: Jeremy Quittner ...
- Research articles 2006-10-02
- HONG KONG BANKS SCRAMBLE FOR RENMINBI CREDIT CARD BUSINESS
- AsiaInfo Services 10-08-2004 Hong Kong Banks Scramble for Renminbi Credit Card Business HONGKONG, Oct 08, 2004 SinoCast via COMTEX -- The Bank of East Asia BEA, the largest independent local bank in Hong Kong, revealed that it would launch ...
- Research articles 2004-10-08
- Small Business: Cutting the cost of e-commerce; PayPal, others offer alternatives to banks for online payments.(Small Business)
- Byline: jeremy quittner When the price of a company's principal product is only 50 cents, management tends to be very aware of every penny's worth of margin. That's why, long before Juda Engelmayer began selling bialys online several years ago, he Byline: jeremy...
- Research articles 2004-12-06
- May opens own bank in Parma. (May Department Stores Co.'s own national bank for its credit card operations)
- There's a new bank in town, but it doesn't want deposits and it isn't making loans unless they're for purchases at May Co. or affiliated department stores. May Department Stores Co., the St. Louis parent of May Co. here, received permission from t ...
- Research articles 1991-05-13
- CHINA BELIEVED TO HAVE BIGGEST DEVELOPMENT POTENTIALS FOR BANK CARDS
- AsiaInfo Services 07-17-2003 China Believed to Have Biggest Development Potentials for Bank Cards BEIJING, Jul 17, 2003 SinoCast via COMTEX -- Recently, VISA International announced that it had completed a survey on China's four major cities, AsiaInfo Services ...
- Research articles 2003-07-17
- BANK ONE'S BID TO BE NATIONAL LENDING FORCE: FOLDS RETAIL LOANS INTO ITS FIRST USA CREDIT CARD UNIT.
- In a bid to become a nationwide force in consumer lending, Chicago's Bank One Corp. is shifting its massive retail lending operations to its First USA Inc. subsidiary in Delaware, the nation's leading credit card company. The nation's fourth-larg In a bid...
- Research articles 1999-07-05
- Colorado Springs Financial Briefs: October 21, 2005
- Continuing on a four-year trend, Wells Fargo reported this week that its third-quarter profits were up 13 percent.It may be proof that Wells Fargo's formula of capitalizing on the mortgage and commercial loan market is working, considering the strategy has provided the bank with double-digit earnings for the last four...
- Research articles 2005-10-21
- Bank Leumi Loses Visa Credit Cards.(Brief Article)
- Israel Discount Bank outbid its partner Bank Leumi to take sole control of Visa ICC Credit Cards in Israel. The banks had been instructed by the Israeli anti-trust commission to end their joint control over the credit card company. They entered into Israel Discount Bank...
- Research articles 2000-02-01
- Bank of America to acquire MBNA: Deal creates nation's largest credit card company
- The third major transaction between a bank and credit-card issuer this year, North Carolina-based Bank of America, the country's largest domestic bank, makes a definitive agreement to purchase Delaware-based MBNA Corporation, a leading provider of credit card and payment products. Expected to close in the fourth quarter of 2005, the...
- Research articles 2005-09-01
- SPDB ALLIES CITI BANK FOR CREDIT CARD BUSINESSES
- AsiaInfo Services 01-07-2003 SPDB Allies CITI Bank for Credit Card Businesses SHANGHAI, Jan 07, 2003 SinoCast via COMTEX -- The hearsay of CITI Bank to purchase stocks of Shanghai Pudong Development Bank SPDB had been confirmed recently. Sp AsiaInfo Services...
- Research articles 2003-01-07
- Banks not proactive in giving out loans to SMEs: ACCCIM, BUSINESS TIMES
- Business Times Malaysia 10-07-2003 BANK Islam Malaysia Bhd targets to attract 20,000 cardholders by June next year for its new Syariah-compliant credit card, Bank Islam Card-Visa (BIC-Visa). Its consumer banking division general manager Wa Business Times Malaysia...
- Research articles 2003-10-07
- ABC: SOME CREDIT CARD NUMBERS DISUSED 10 YEARS AGO
- AsiaInfo Services 06-27-2005 ABC: Some Credit Card Numbers Disused 10 Years Ago BEIJING, Jun 27, 2005 SinoCast via COMTEX -- After being informed by MasterCard International over credit card data disclosure, the Agricultural Bank of China (AB AsiaInfo Services ...
- Research articles 2005-06-27
- No TLC For ILCs?
- The growing controversy over the entry of non-financial companies into the banking business has forced credit union investors to abandon two separate efforts to finance projects that would have created credit card banks specifically for credit unions. Wit The growing controversy over the entry of non-financial companies into the banking...
- Research articles 2006-08-07
- Brazil: Boom in smart cards.
- The intelligent card with embedded chips is to attract a wave of investment in Brazil over the next three years, mainly due to the drop on prices compared with other bank and credit cards. Visa, for instance, partnered with 13 banks and started i...
- Research articles 1999-08-27
- Bank warns on debts.(United Kingdom. Bank of England)(Brief Article)
- IN its latest financial stability review, the Bank of England urged banks and other lenders to share information on new credit card applicants in order to halt the growth of unsecured borrowing. IN its latest financial stability review, the Bank of England urged banks...
- Research articles 2005-06-30
- Checking out credit cards: how to get the best deal from credit card companies.
- More and more customers have credit cards in their pockets, just itching to buy. When met with "Cash only, please" at your distributorship, the disappointed customers and their quivering cards often patronize your competitors instead. More and more customers have...
- Research articles 1998-03-01
- Colorado Springs Financial Briefs: March 31, 2006
- The Internal Revenue Service has announced that the number of taxpayers who e-file their taxes from home computers is up almost 17 percent from last year.So far this season, 70 percent of all returns have been e-filed, compared to 68 percent for the same period last year. More than 13...
- Research articles 2006-03-31
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