lead bank Synonyms

No Synonyms and anytonyms found

lead bank Meaning

Wordnet

lead bank (n)

a bank named by a lending syndicate of several banks to protect their interests

lead bank Sentence Examples

  1. The lead bank in the banking consortium is responsible for coordinating and managing the overall loan facility.
  2. The lead bank played a pivotal role in structuring the loan agreement and negotiating terms with the borrower.
  3. The lead bank is the primary contact for the borrower and is responsible for answering any questions or concerns.
  4. The lead bank is responsible for disbursing the loan proceeds to the borrower and monitoring compliance with the loan terms.
  5. The lead bank has the authority to make decisions on behalf of the banking consortium, such as approving or denying loan modifications.
  6. The lead bank is responsible for collecting and analyzing financial data to assess the borrower's financial health and creditworthiness.
  7. The lead bank is responsible for reporting to the other members of the banking consortium on the status of the loan and any material developments.
  8. The lead bank is typically the largest and most experienced bank in the banking consortium and has a strong reputation in the financial market.
  9. The lead bank's fees and expenses are typically higher than those of the other banks in the banking consortium, reflecting its greater responsibilities and expertise.
  10. The lead bank is typically responsible for maintaining the loan documentation and records, and for ensuring that the loan is properly secured and documented.

FAQs About the word lead bank

a bank named by a lending syndicate of several banks to protect their interests

No synonyms found.

No antonyms found.

The lead bank in the banking consortium is responsible for coordinating and managing the overall loan facility.

The lead bank played a pivotal role in structuring the loan agreement and negotiating terms with the borrower.

The lead bank is the primary contact for the borrower and is responsible for answering any questions or concerns.

The lead bank is responsible for disbursing the loan proceeds to the borrower and monitoring compliance with the loan terms.