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unit banking meaning

"unit banking" in a sentence

Meaningmobile phoneMobile

  • [Economics]
    A system of banking in which a bank must be a single enterprise without branches. This was once common practice in the USA, but regulators have turned against this form of bank, following the collapse of the Continental Illinois Bank.

Examples

  • Glass and Willis also identified the " unit banking " system of small, single office banks as a basic weakness of U . S . banking.
  • Historically in Canada regional risk has always been spread nationally within each large bank, unlike the uneven geography of US unit banking, layered with savings & loans of regional or national size, who in turn disperse their risk through investors.
  • Historically, in Canada, regional risk has always been spread nationally within each large bank, unlike the uneven geography of US unit banking, layered with savings & loans of regional or national size, which in turn disperse their risk through investors.

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What is the meaning of unit banking and how to define unit banking in English? unit banking meaning, what does unit banking mean in a sentence? unit banking meaningunit banking definition, translation, pronunciation, synonyms and example sentences are provided by eng.ichacha.net.