What is 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.

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Related Legal Terms
BANK TO BANK LETTER OF CREDIT (L/C), BUYER AGENT, CONSORTIUM BANK, CENTRAL BANK, MERCANTILE AGENT, BANK LOAN INSTRUMENT, BANK LENDING SURVEY, EUROPEAN CENTRAL BANK (ECB), AUTHORIZED SETTLEMENT AGENT, BANK BURGLARY AND ROBBERY INSURANCE


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