A BANK forming part of a SYNDICATE arranging a LOAN for a borrower that is responsible for protecting the interests of all other syndicate banks. The lead bank arranging the loan is often selected as the agent bank. See also AGENT.
AGENT BANK
A BANK forming part of a SYNDICATE arranging a LOAN for a borrower that is responsible for protecting the interests of all other syndicate banks. The lead bank arranging the loan is often selected as the agent bank. See also AGENT.