Agent Bank: Definition and additional resources from BNET
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BNET Business Dictionary

Business Definition for: Agent Bank

  • a bank that acts on behalf of a foreign bank, or a bank that participates in another bank's credit card program, acting as a depository for merchants

Additional Resources

FBI agent shot by fellow officer in bank heist stakeout
WASHINGTON AFP — A veteran FBI agent was shot and killed Thursday by another agent while they were staking out a heavily armed gang of bank robbers, according to law enforcement officials. The death of the first Federal Bureau of Investigation agent in the line of duty since the...
Tags: agent, bank, FBI, Government
Research articles 2007-04-06
Change of Agents.
EUROPEAN INVESTMENT BANK GBP 1.000.000.000 8.75% BONDS DUE 2017 ISIN CODE: XS0055498413 Change of Fiscal Agent, Registrar, Paying Agent and Exchange Agent The European Investment Bank hereby gives notice that Citibank N.A. of 5 Carmelite Street, London...
Tags: agent, Bank of England, bond, FINANCE, Investment
Research articles 2005-01-04
IPSCO Enters Into an Agreement
REGINA, Saskatchewan--BUSINESS WIRE--March 5, 1999--IPSCO Inc. (TSE:IPS) (NYSE:IPS) announced today that it has entered into an agreement regarding a five-year Revolving Credit Facility with The Toronto-Dominion Bank, as administrative agent, Royal Bank of Canada, as syndication agent, and The Toronto-Dominion Bank, Royal Bank of Canada, The Bank of Nova Scotia,...
Tags: agent, agreement, Business Wire, Saskatchewan
Research articles 1999-03-05
Cytyc Corporation Announces $150.0 Million Senior Unsecured Credit Facility
MARLBOROUGH, Mass. -- Cytyc Corporation (Nasdaq:CYTC) today announced that it has entered into a five-year multicurrency Credit Agreement ("the Credit Agreement") with JPMorgan Chase Bank, National Association, as Administrative Agent, Bank of America, N.A., as Syndication Agent, and a syndicate of four other lenders comprised of Citizens Bank of Massachusetts,...
Tags: Cytyc Corp.
Research articles 2006-06-30
Artesyn Technologies, Inc. Raises $200 Million Under New Multi-Currency Credit Facility; Company Enacts Revised Shareholder Rights Plan
BOCA RATON, Fla.--BUSINESS WIRE--Dec. 22, 1998--Artesyn Technologies, Inc. (Nasdaq NM:ATSN) today announced that it has received funding under a new three-year, multi-currency $200 million credit facility which was arranged and syndicated by ABN AMRO Bank N.V., as administrative agent, and First Union National Bank, as syndication agent. Bank of America...
Tags: shareholder
Research articles 1998-12-22
e.spire Executes $200 Million Senior Secured Credit Facilities
ANNAPOLIS JUNCTION, Md.--BUSINESS WIRE--Aug. 11, 1999-- e.spire Communications, Inc. (Nasdaq: ESPI) today announced the execution of $200 million of Senior Secured Credit Facilities with Goldman Sachs Credit Partners L.P., as Sole Lead Arranger and Syndication Agent; The Bank of New York, as Administrative Agent; First Union National Bank, as...
Tags: ATM, Business Wire, INTERNET, Maryland, NETWORKING, Strategy
Research articles 1999-08-12
AGENT BANK SETUP FOR AGRICULTURAL BANK OF CHINA
AsiaInfo Services 04-18-1996 Agent Bank Setup for Agricultural Bank of China CHINA, Apr. 18, AsiaInfo Services, Inc -- The Agricultural Bank of China ABC set up its agent business department on Tuesday to improve its operations as agent for...
Tags: ABC Inc.
Research articles 1996-04-18
The Bank of New York to be Corporate Trust Agent on Landmark Transaction and GM to Pay Long-term Executive Incentive in Cash.
M2 PRESSWIRE-24 January 2005-FNWU: The Bank of New York to be Corporate Trust Agent on Landmark Transaction and GM to Pay Long-term Executive Incentive in CashC1994-2005 M2 COMMUNICATIONS LTD RDATE:01242005 City of Industry, CA - Market leaders reported on by Financial News...
Tags: agent, bank, financial, General Motors Corp., incentive, leader, stem-cell
Research articles 2005-01-24
KeyCorp Adds the MoneyPass Network to Its Growing Agent Bank ATM Program
IRVING, Texas & CLEVELAND -- Genpass, Inc., manager of the MoneyPass EFT Network, the nation's fastest-growing surcharge-free network and second largest automated teller machine ATM driver in the U.S., and KeyCorp, one of the nation's largest financial institutions, jointly announced today that Key will offer its Agent Bank clients the...
Tags: agent, automated teller machine, KeyCorp
Research articles 2005-05-31
Safeway Inc. enters into new unsecured credit agreement
OAKLAND, Calif.--BUSINESS WIRE--May 25, 1995--Safeway Inc. announced today that it has entered into a new unsecured bank credit agreement with a group of 29 banks led by Bankers Trust Company as Administrative Agent and The Bank of Nova Scotia as Documentation Agent. The new credit agreement provides more flexible...
Tags: agreement, bank, Safeway Inc.
Research articles 1995-05-25
Metris Companies and The Provident Bank Announce Establishment of Agent Bank Relationship; Agreement Includes Purchase of $160 Million in Receivables
Business Editors MINNETONKA, Minn. & CINCINNATI--BUSINESS WIRE--Aug. 20, 2001 Direct Merchants Credit Card Bank, National Association, a subsidiary of Metris Companies Inc. (NYSE:MXT), and The Provident Bank, a subsidiary of Provident Financial Group, Inc. (Nasdaq:PFGI), announced today the establishment of an agent bank arrangement to offer bankcard products...
Tags: agent, agreement, Provident Bank, receivables, SALES
Research articles 2001-08-20
ePlus Announces New Credit Agreement with National City Bank, Agent
HERNDON, Va. -- ePlus inc. (Nasdaq NM:PLUS), a leading provider of Enterprise Cost Management solutions, announced today that it has terminated its existing $45 million credit facility, and simultaneously entered into a new, coterminus, $35 million credit facility. The new, two-bank facility includes current participants National City Bank, which will...
Tags: agent, agreement, ePlus
Research articles 2005-09-26
The Bank of New York to Provide Paying Agent Services to Nikon Corporation; Also Acting as Conversion Agent on Y56,000,000,000 Convertible Bond Issue
Business Editors
Tags: agent, Nikon Corp.
Research articles 2002-09-04
Performance Food Group Appoints Bank of New York as Registrar and Transfer Agent
RICHMOND, Va. -- Performance Food Group (NASDAQ:PFGC) announced today that the Company has appointed The Bank of New York as its registrar and transfer agent, effective September 5, 2006.
Tags: Performance Food Group, registrar
Research articles 2006-08-28
Resource America, Inc. Announces New $135 Million APL Credit Facility
PHILADELPHIA -- Resource America, Inc. (NASDAQ:REXI) (the "Company") announced today that Atlas Pipeline Partners, L.P. (NYSE:APL) (the "Partnership"), its indirect subsidiary, has entered into a new $135 million credit facility, replacing its existing $20 million credit facility. Wachovia Bank, National Association is the administrative agent and documentation agent. KeyBanc Capital...
Tags: agent
Research articles 2004-07-16
Photronics Secures New $125 Million Five Year Credit Facility
BROOKFIELD, Conn. -- Photronics, Inc. (Nasdaq:PLAB), a worldwide leader in supplying innovative photomask-based imaging solutions for the global electronics and display industries, announced that it has finalized a new $125 million five year credit facility. JPMorgan Chase Bank will serve as administrative agent and collateral agent for this credit facility....
Research articles 2007-06-11
FBI agent's death likely accidental
A veteran FBI agent on a bank-robbery detail was fatally wounded Thursday morning, apparently when another agent's weapon accidentally discharged during a confrontation with three gunmen outside a bank in a quiet town in central New Jersey, the authorities said. While the circumstances were still under investigation, a...
Tags: agent, bank, FBI, Government
Research articles 2007-04-06
Bank of America Confirmed as Agent for US$24 Billion Restructured Russian Debt
LONDON--BUSINESS WIRE--Oct. 6, 1997--Bank of America has been appointed by Moscow-based Vnesheconombank Vnesh as Restructuring Agent for US$24 billion of principal notes repayable over 25 years. Vnesh is a state-owned financial institution whose primary role is to hold the US$33 billion international debt obligations of the former Soviet Union.
Tags: agent, Bank of America Corp.
Research articles 1997-10-06
Atlas America, Inc. Announces New $135 Million APL Credit Facility
PHILADELPHIA -- Atlas America, Inc. (Nasdaq:ATLS)(the "Company") announces today that Atlas Pipeline Partners, L.P. (NYSE:APL), of which the Company owns 100% of the general partner and 1,641,026 limited partner units, has entered into a new $135 million credit facility which replaces its existing $20 million credit facility. Wachovia Bank, National...
Research articles 2004-07-16
Binswanger Appointed Exclusive Leasing Agent for PNC Bank Building in Philadelphia, PA
PHILADELPHIA -- Binswanger has been named exclusive agent by Real Estate Investment Trust Management & Research, LLC for the leasing of the 39-story Class "A" PNC Bank Building. The property is located at 1600 Market Street in Philadelphia, PA.
Tags: leasing
Research articles 2006-03-20