X

TNB meaning in Business ?

( 5 )  .  1 Rating
1253 views   .  0 comments  .   . 

Download Solution PDF

Answer: What is The National Bank mean?

In banking, the term national bank carries several meanings:

a bank owned by the statean ordinary private bank which operates nationally (as opposed to regionally or locally or even internationally)in the United States, an ordinary private bank operating within a specific regulatory structure, which may or may not operate nationally, under the supervision of the Office of the Comptroller of the Currency.

In the past, the term "national bank" has been used synonymously with "central bank", but it is no longer used in this sense today. Some central banks may have the words "National Bank" in their name; conversely if a bank is named in this way, it is not automatically considered a central bank. For example, National Bank of Canada of Montreal, Canada, is a privately owned commercial bank. On the other hand, National Bank of Ethiopia is the central bank of Ethiopia and National Bank of Cambodia is the central bank of Cambodia.

reference

Take Quiz To Earn Credits!

Turn Your Knowledge into Earnings.




Give Rating
Report
Write Your Comments or Explanations to Help Others
Comments(0)





Miscellaneous in Business
MBA HRM Mcqs in Business
MBA Finance Mcqs in Business
Startup Funding
Career Switching
Accounting in Business
Miscellaneous in Business

Ever curious about what that abbreviation stands for? fullforms has got them all listed out for you to explore. Simply,Choose a subject/topic and get started on a self-paced learning journey in a world of fullforms.

Explore Other Libraries

X




Copyright (c) 2021 TuteeHUB

OPEN APP
Channel Join Group Join