BNET Business Dictionary

Business Definition for: Commercial Bank

  • a bank that provides financial services to individuals and businesses, for example checking and savings accounts and loans.
  • See also Investment Bank

Additional Resources

North Fork Bancorporation Inc. to buy Commercial Bank of New York for 1.68 times revenue
The Deal: North Fork Bancorporation Inc. has agreed to purchase Commercial Bank of New York for $170 million. The acquisition is a move by North Fork to expand its reach in the New York City area. After the news of the transaction was announced, shares of Commercial Bank leaped up...
Tags: North Fork Bancorporation Inc.
Research articles 2001-02-26
HONG KONG: ASIA COMMERCIAL BANK LAUNCHES VISA CARD.(Brief Article)
According to Hong Kong Post (February 21, 2001), Hong Kong-based Asia Commercial Bank launched a VISA card, despite the intensive competition in the credit card market. To get a slot in the market, the Asia Commercial Bank offers a permanent annual f According to Hong Kong...
Tags: card, commercial bank, credit card, Visa Inc.
Research articles 2001-02-22
China's largest commercial bank selects Polycom for company-wide video conferencing Network.(Broadband)(Brief Article)
Polycom Inc., the world's leader in video and voice conferencing, conference bridges, and integrated web collaboration solutions, announced that Industrial and Commercial Bank of China ICBC, China's largest commercial bank, has implemented a compa Polycom Inc., the world's leader in video and voice conferencing,...
Tags: broadband, Polycom Inc., video, Web-based collaboration
Research articles 2003-08-01
New York Community Bancorp, Inc. Announces the Addition of Four Senior Lending Officers to the Lending Team at New York Commercial Bank
WESTBURY, N.Y. -- New York Community Bancorp, Inc. (NYSE: NYB) (the "Company") today announced the addition of four senior commercial lending officers to the lending team at its commercial bank subsidiary, New York Commercial Bank (the "Commercial Bank"). The four officers have worked together for 25 years at a number...
Tags: commercial bank, team
Research articles 2008-01-02
BEIJING RURAL COMMERCIAL BANK, BANK OF CHINA ALLIES
AsiaInfo Services 01-30-2006 Beijing Rural Commercial Bank, Bank of China Allies BEIJING, Jan 30, 2006 SinoCast via COMTEX -- Beijing Rural Commercial Bank has signed an agreement with Bank of China, one of the four biggest state-run banks, upon their overall...
Tags: Bank of China
Research articles 2006-01-30
MERCHANTS BANK TO BUY 10% OF TAIZHOU COMMERCIAL BANK
AsiaInfo Services 11-13-2007 Merchants Bank to Buy 10% of Taizhou Commercial Bank TAIZHOU, Nov 13, 2007 SinoCast via COMTEX -- Shenzhen-based China Merchants Bank Co., Ltd. (SHSE: 600036; SEHK: 3968) recently announced that it would purchase a 10% stake in Taizhou...
Tags: China Merchants Bank
Research articles 2007-11-13
Cass Commercial Bank names new president
Kenneth A. Witbrodt Jr. has been promoted to president of Cass Commercial Bank, the bank subsidiary of Cass Information Systems Inc. Witbrodt previously was executive vice president for commercial lending and operations for Cass Bank, which he joined in 1997 after serving in various commercial lending and management leadership roles...
Tags: Cass Commercial Bank
Research articles 2003-04-26
CBA China punt.(Commonwealth Bank of Australia)(Hangzhou City Commercial Bank)(Jinan City Commercial Bank)(Brief Article)
Apr 21, 2005 (Herald Sun - ABIX via COMTEX) The Commonwealth Bank of Australia CBA has announced two investments in China's financial services sector. CBA will acquire 19.9 per cent of Hangzhou City Commercial Bank for around $A100m, subject to approval by Chinese regulators....
Tags: Commonwealth Bank of Australia
Research articles 2005-04-21
BNP PARIBAS CONSIDERS BUYING INTO CHINESE COMMERCIAL BANK
AsiaInfo Services 09-16-2005 BNP Paribas Considers Buying into Chinese Commercial Bank NANJING, Sep 16, 2005 SinoCast via COMTEX -- Nanjing City Commercial Bank is weighing a plan to introduce BNP Paribas as a strategic investor, while details are still under discussion....
Tags: BNP Paribas SA
Research articles 2005-09-16
NANYANG COMMERCIAL BANK OKED TO CREATE CHINA INCORPORATION
AsiaInfo Services 06-29-2007 Nanyang Commercial Bank Oked to Create China Incorporation BEIJING, Jun 29, 2007 SinoCast via COMTEX -- With approval of China Banking Regulatory Commission, Nanyang Commercial Bank, Limited. is to create its China incorporation, according to people from the...
Tags: Bank of China
Research articles 2007-06-29
TAIWAN: MOODY'S REVIEWS E. SUN BANK'S FINANCIAL STRENGTH RATING FOR UPGRADE.(E. Sun Commercial Bank Ltd.)(Brief Article)
Moody's placed the D bank financial strength rating of E. Sun Commercial Bank Limited on review for possible upgrade. The bank's long- and short-term deposit ratings of Baa2 and Prime-3 were affirmed. The review of the bank financial strength rating Moody's placed the D bank...
Tags: bank, financial, Moody's Corp.
Research articles 2003-12-07
New York Community Bancorp, Inc. to Acquire Long Island Financial Corp.; Full-Service Commercial Bank, Rich in Core Deposits, Will Serve as the Foundation for New York Commercial Bank
WESTBURY, N.Y. & ISLANDIA, N.Y. -- New York Community Bancorp, Inc. (NYSE: NYB), the $25.2 billion holding company for New York Community Bank, and Long Island Financial Corp. (NASDAQ/NMS: LICB) ("Long Island Financial"), the holding company for Long Island Commercial Bank, a full-service commercial bank with assets of $539.7 million...
Tags: commercial bank
Research articles 2005-08-01
UCBH Holdings, Inc. Announces Grand Opening of United Commercial Bank Limited in Shanghai
SAN FRANCISCO -- UCBH Holdings, Inc. (NASDAQ:UCBH), the holding company of United Commercial Bank (UCB[TM]), today announced the grand opening of United Commercial Bank China Limited ("UCBC"), headquartered in Shanghai, China. As previously announced, UCB completed the acquisition of Business Development Bank Ltd. ("BDB") in December 2007. The BDB name...
Tags: commercial bank, Limited, UCBH Holdings Inc.
Research articles 2008-03-14
Alliance & Leicester Commercial Bank Selects S1 for New E-Banking Service
ATLANTA & LONDON -- S1 Corporate Banking International Will Enable Alliance & Leicester Commercial Bank to Reduce Operating Costs and Improve Customer Service Alliance & Leicester Commercial Bank and S1 Corporation (Nasdaq:SONE) today announced that the bank has selected S1, a leading provider of integrated front-office applications for financial...
Tags: Alliance & Leicester Plc., S1, S1 Corporate Banking International, S1 International
Research articles 2004-10-25
CBA pumps $100m into Chinese venture.(Commonwealth Bank of Australia)(Hangzhou City Commercial Bank)(Macquarie Securitisation Shanghai Company Ltd.)(Brief Article)
Apr 21, 2005 (The Mercury - ABIX via COMTEX) Commonwealth Bank of Australia CBA has acquired a 19.9 holding in China's Hangzhou City Commercial Bank for $A100m. Included in the deal is a seat on the board of the Chinese bank. CBA has also...
Tags: Commonwealth Bank of Australia
Research articles 2005-04-21
CBA buys $100m Chinese stake.(Hangzhou City Commercial Bank)(Jinan City Commercial Bank)(Brief Article)
Apr 21, 2005 (The Courier-Mail - ABIX via COMTEX) The Commonwealth Bank of Australia CBA has announced two investments in China's financial services sector. CBA will acquire 19.9 per cent of Hangzhou City Commercial Bank for around $A100m, subject to approval by Chinese regulators....
Tags: Commonwealth Bank of Australia, Macquarie Bank Ltd.
Research articles 2005-04-21
Ahead of the game. (China).(Dr Jiang Jianquing, president, Industrial and Commercial Bank of China)(Interview)
The Banker talked to Dr Jiang Jianquing, president of Industrial & Commercial Bank of China, about the reforms the bank is making in the light of accession to the World Trade Organization and China's continuing economic transformation What are the key challenges facing Industrial...
Tags: Industrial & Commercial Bank of China, World Trade Organization
Research articles 2002-05-01
MOODY'S REVISES E. SUN COMMERCIAL BANK'S BFSR OUTLOOK TO STABLE
Moody's Investors Service has changed theoutlook for E. Sun Commercial Bank's D+ bank financial strength rating BFSR to stable from negative. The change in outlook reflects the bank's stabilized financials and smooth operations almost one year after itsMoody's Investors Service has changed theoutlook for E. Sun Commercial Bank's D+ bank...
Tags: bank, Moody's Corp., Sun Microsystems Inc.
Research articles 2005-08-14
Signature Bank Named Third Biggest Asset Gainer and 14th Largest New York-Area Commercial Bank by Crain's New York Business; Bank Ranks Among Top Asset Gainers for Fourth Consecutive Year
NEW YORK -- Signature Bank (Nasdaq:SBNY), a New York-based full-service commercial bank, announced today that the Bank was named the third biggest gainer, based on percentage change in total assets, among the New York area's largest commercial banks, according to Crain's New York Business. This is the fourth consecutive year...
Tags: asset, bank, commercial bank, Crain
Research articles 2006-04-21
TAIWAN: MOODY'S REVISES E. SUN COMMERCIAL BANK'S BFSR OUTLOOK TO STABLE.
Moody's Investors Service has changed the outlook for E. Sun Commercial Bank's D+ bank financial strength rating BFSR to stable from negative. The change in outlook reflects the bank's stabilized financials and smooth operations almost one year af Moody's Investors Service has changed the ...
Tags: bank, Moody's Corp., Sun Microsystems Inc.
Research articles 2005-08-14
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