Industrial Bank

Business, Legal & Accounting Glossary

Definition: Industrial Bank


Industrial Bank


Full Definition of Industrial Bank


Bank owned by a non-banking company under section 2(c)(2)(H) of the Bank Holding Company Act. In this arrangement while the bank is state-chartered and is constantly under the full watch of government regulators, its parent company (such as American Express, General Electric, General Motors) is not. Industrial banks raise their capital by selling investment certificates.


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https://payrollheaven.com/define/industrial-bank/ (accessed: March 11, 2025).
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, from PayrollHeaven.com website: https://payrollheaven.com/define/industrial-bank/

Definition Sources


Definitions for Industrial Bank are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.