FULLFORMDEFINITION
This section includes 2194 fullforms, each offering curated multiple-choice questions to sharpen your Banking knowledge and support exam preparation. Choose a topic below to get started.
| 1201. |
WBAT meaning in Banking ? |
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Answer» INFO: Full form for WBAT is World Bank Administrative Tribunal in Banking category |
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| 1202. |
BETI meaning in Banking ? |
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Answer» INFO: Full form for BETI is Bankservafrica Economic Transaction Index in Banking category |
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| 1204. |
XE meaning in Banking ? |
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Answer» What is Xenon Laboratories mean? Xe.com (Xe) is a Canada-based online foreign exchange tools and services company headquartered in Newmarket, Ontario. It is best known for its online currency converter application offers exchange rate information, international money transfers, and other currency-related services via its website, mobile apps, and other online channels. It has been a subsidiary of Euronet Worldwide since 2015. As of 2013, independent ranking site Alexa ranked Xe in the top 500 of all sites worldwide by traffic, and a top 100 traffic site in Ireland, South Africa, and the UAE. As of 2016, Xe claimed that its services attracted over 280 million unique visitors annually. reference
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| 1205. |
WDMF meaning in Banking ? |
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Answer» INFO: Full form for WDMF is World Digital Monetary Fund in Banking category
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| 1206. |
ABSA meaning in Banking ? |
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Answer» INFO: Full form for ABSA is Amalgamated Banks of South Africa in Banking category
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| 1207. |
OFW meaning in Banking ? |
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Answer» INFO: Full form for OFW is Overseas Filipinos Worldwide Bank in Banking category
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| 1208. |
FFI meaning in Banking ? |
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Answer» INFO: Full form for FFI is Foreign Financial Institutions in Banking category
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| 1209. |
SDGN meaning in Banking ? |
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Answer» INFO: Full form for SDGN is Samenwerkende Databanken Gezelschapsdieren Nederland in Banking category |
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| 1210. |
F10 meaning in Banking ? |
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Answer» INFO: Full form for F10 is Form 10 in Banking category
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| 1211. |
DOBS meaning in Banking ? |
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Answer» INFO: Full form for DOBS is Department of Banking and Securities in Banking category
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| 1212. |
RBSF meaning in Banking ? |
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Answer» INFO: Full form for RBSF is Risk Based Supervision Framework in Banking category
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| 1213. |
FV meaning in Banking ? |
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Answer» What is Face Value mean? The face value, sometimes called nominal value, is the value of a coin, stamp or paper money as printed on the coin, stamp or bill itself by the issuing authority. The face value of coins, stamps, or bill is usually its legal value. However, their market value need not bear any relationship to the face value. For example, some rare coins or stamps may be traded at prices considerably above their face value. Coins may also have a salvage value due to more or less valuable metals that they contain. reference
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| 1214. |
GVD meaning in Banking ? |
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Answer» INFO: Full form for GVD is Grundlagen Von Datenbanken in Banking category
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| 1215. |
SOBA meaning in Banking ? |
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Answer» INFO: Full form for SOBA is South On Bank And in Banking category
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| 1216. |
IBIS meaning in Banking ? |
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Answer» INFO: Full form for IBIS is Interbanken Informations System in Banking category
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| 1217. |
IWB meaning in Banking ? |
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Answer» INFO: Full form for IWB is I Wealthview Banking in Banking category
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| 1218. |
UBK meaning in Banking ? |
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Answer» INFO: Full form for UBK is United Bank of Kuwait, P. L. C. in Banking category
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| 1219. |
UBK meaning in Banking ? |
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Answer» INFO: Full form for UBK is United Bank of Kuwait in Banking category
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| 1220. |
VBE meaning in Banking ? |
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Answer» INFO: Full form for VBE is Vocabulary Bank for Education in Banking category
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| 1221. |
dwt meaning in Banking ? |
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Answer» INFO: Full form for dwt is Dry Weight in Banking category
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| 1222. |
FIT meaning in Banking ? |
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Answer» INFO: Full form for FIT is Funds In Transit in Banking category
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| 1223. |
GSLB meaning in Banking ? |
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Answer» INFO: Full form for GSLB is Greater Syracuse Land Bank in Banking category |
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| 1224. |
IBB meaning in Banking ? |
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Answer» What is Islamic Bank of Britain mean? Al Rayan Bank PLC (formerly known as Islamic Bank of Britain) is a commercial bank in the United Kingdom, established in August 2004 to offer Sharia compliant financial service products to customers of any faith. The bank has two branches in London, and a branch in Birmingham. It also has agencies in Luton, Tooting and Bradford. It is the first British bank claiming to operate, in its entirety, according to Islamic principles. The bank welcomes people of all faiths and is becoming increasingly popular with non-Muslims looking for an ethical alternative to conventional banks. The bank states that it has five values: Sharia compliant, community oriented, secure, good value and pioneering. Faith is an important factor for the bank, and accordingly branches briefly close on Friday afternoons to allow the staff to attend Jummah (Friday) prayers. The bank also has a Sharia department and an independent Sharia Supervisory Committee to ensure that its products are compliant with Islamic teachings. As of 2020, Al Rayan Bank has serviced 80,000 customers. reference
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| 1225. |
IBB meaning in Banking ? |
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Answer» INFO: Full form for IBB is International Book Bank in Banking category
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| 1226. |
HSA meaning in Banking ? |
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Answer» What is Health Savings Account mean? A health savings account (HSA) is a tax-advantaged medical savings account available to taxpayers in the United States who are enrolled in a high-deductible health plan (HDHP). The funds contributed to an account are not subject to federal income tax at the time of deposit. Unlike a flexible spending account (FSA), HSA funds roll over and accumulate year to year if they are not spent. HSAs are owned by the individual, which differentiates them from company-owned Health Reimbursement Arrangements (HRA) that are an alternate tax-deductible source of funds paired with either high-deductible health plans or standard health plans. HSA funds may be used to pay for qualified medical expenses at any time without federal tax liability or penalty. Beginning in early 2011 over-the-counter medications could not be paid with an HSA without a doctor's prescription, although that requirement was lifted as of January 1, 2020. Withdrawals for non-medical expenses are treated very similarly to those in an individual retirement account (IRA) in that they may provide tax advantages if taken after retirement age, and they incur penalties if taken earlier. The accounts are a component of consumer-driven health care. Proponents of HSAs believe that they are an important reform that will help reduce the growth of health care costs and increase the efficiency of the health care system. According to proponents, HSAs encourage saving for future health care expenses, allow the patient to receive needed care without a gatekeeper to determine what benefits are allowed, and make consumers more responsible for their own health care choices through the required high-deductible health plan. Opponents observe that the structure of HSAs complicates the decision of whether to obtain medical treatment, by setting it against tax liability and retirement-saving goals. There is also debate about consumer satisfaction with these plans. reference
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| 1227. |
MSTR meaning in Banking ? |
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Answer» INFO: Full form for MSTR is Mandatory Suspicious Transaction Reporting in Banking category
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| 1228. |
NBF meaning in Banking ? |
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Answer» What is National Bank Financial mean? The National Bank of Canada (French: Banque Nationale du Canada) is the sixth largest commercial bank in Canada. It is headquartered in Montreal, and has branches in most Canadian provinces and 2.4 million personal clients. National Bank is the largest bank in Quebec, and the second largest financial institution in the province, after Desjardins credit union. National Bank's Institution Number is 006 and its SWIFT code is BNDCCAMMINT. reference
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| 1229. |
NBF meaning in Banking ? |
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Answer» What is National Bank of Fujairah mean? National Bank of Fujairah is a full-service corporate bank that offers corporate and commercial banking, treasury and trade finance services, personal banking options, and Shari’a-compliant services. The bank is rated Baa1/Prime-2 for deposits and A3 for counterparty risk assessment by Moody’s and BBB+/A-2 by Standard & Poor’s, both with a stable outlook. It is listed on the Abu Dhabi Securities Exchange under the symbol “NBF”. reference
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| 1230. |
NBP meaning in Banking ? |
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Answer» What is Narodowy Bank Polski mean? Narodowy Bank Polski (National Bank of Poland, NBP) is the central bank of Poland. It controls the issuing of Poland's currency, the złoty. The Bank is headquartered in Warsaw, and has branches in 16 major Polish towns. The NBP represents Poland in the European System of Central Banks, an EU organization. reference
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| 1231. |
NBP meaning in Banking ? |
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Answer» What is National Bank of Poland mean? Narodowy Bank Polski (National Bank of Poland, NBP) is the central bank of Poland. It controls the issuing of Poland's currency, the złoty. The Bank is headquartered in Warsaw, and has branches in 16 major Polish towns. The NBP represents Poland in the European System of Central Banks, an EU organization. reference
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| 1232. |
NBP meaning in Banking ? |
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Answer» What is National Bank of Pakistan mean? National Bank of Pakistan (NBP) (نیشنل بینک آف پاکستان) is a Pakistani government-owned multinational commercial bank which is a subsidiary of State Bank of Pakistan. It is headquartered in Karachi, Pakistan. As of September 2020, it has 1,511 branches across Pakistan with assets of approximately USD 20.2 billion. The bank provides both commercial and public sector banking services. It is a lead player in the debt-equity market, corporate investment banking, retail and consumer banking, agricultural financing, treasury services. National Bank of Pakistan has developed a wide range of consumer products, to enhance business and cater to the different segments of society and meet its social responsibilities. Some schemes have been specifically designed for the low to middle-income segments of the population. It has implemented special credit schemes like small finance for agriculture, business and industries, administrator to Qarz-e-Hasna loans to students, self-employment scheme for unemployed persons, public transport scheme. The Bank has expanded its range of products and services to include Shariah Compliant Islamic Banking products. It has also put in place a remittance service for overseas Pakistanis to send their money back to Pakistan. Customer Social Responsibility is a new department which provides social services for Education, health and women empowerment. For the year 2020, NBP was designated domestic systemically important bank (D-SIB) by the State Bank of Pakistan. reference
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| 1233. |
NBP meaning in Banking ? |
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Answer» INFO: Full form for NBP is Narodowego Banku Polskiego in Banking category
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| 1234. |
NWB meaning in Banking ? |
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Answer» What is National Westminster Bank mean? National Westminster Bank, commonly known as NatWest, is a major retail and commercial bank in the United Kingdom. It was established in 1968 by the merger of National Provincial Bank and Westminster Bank. In 2000, it became part of The Royal Bank of Scotland Group, which was re-named NatWest Group in 2020. Following ringfencing of the Group's core domestic business, the bank became a direct subsidiary of NatWest Holdings; NatWest Markets comprises the non-ringfenced investment banking arm. The British state currently owns around 54.7% of NatWest Group plc after spending 45 billion pounds ($61.87 billion) bailing out the lender in 2008. NatWest is considered one of the Big Four clearing banks in the UK, and it has a large network of over 960 branches and 3,400 cash machines across Great Britain and offers 24-hour Actionline telephone and online banking services. Today, it has more than 7.5 million personal customers and 850,000 small business accounts. In Northern Ireland, it operates through its Ulster Bank brand. In 2017, NatWest was awarded Best Banking App in the British Bank Awards. reference
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| 1235. |
NBQ meaning in Banking ? |
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Answer» INFO: Full form for NBQ is National Bank of Umm Al-qaiwain in Banking category
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| 1236. |
OBSN meaning in Banking ? |
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Answer» INFO: Full form for OBSN is Online Banking Security Number in Banking category |
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| 1237. |
ORRF meaning in Banking ? |
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Answer» INFO: Full form for ORRF is Overseas Remittance Request Form in Banking category
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| 1238. |
PVB meaning in Banking ? |
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Answer» What is Philippine Veterans Bank mean? Philippine Veterans Bank, also known as PVB and Veterans Bank, is a commercial bank in the Philippines. The bank is owned by Philippine World War II war veterans and their families and caters to both corporate and retail financial markets. As part of its charter, PVB allocates 20% of its annual net income for the benefit of its shareholders. reference
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| 1239. |
PVB meaning in Banking ? |
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Answer» INFO: Full form for PVB is Premier Valley Bank in Banking category
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| 1240. |
LBG meaning in Banking ? |
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Answer» What is Lloyds Banking Group mean? Lloyds Banking Group plc is a British financial institution formed through the acquisition of HBOS by Lloyds TSB in 2009. It is one of the UK's largest financial services organisations, with 30 million customers and 65,000 employees. The Group's heritage extends over 320 years, dating back to the founding of the Bank of Scotland by the Parliament of Scotland in 1695. The Group's headquarters are located at 25 Gresham Street in the City of London, while its registered office is on The Mound in Edinburgh. It also operates head office sites in Birmingham, Bristol, West Yorkshire and Glasgow. The Group also has extensive overseas operations in the US, Europe, the Middle East and Asia. Its headquarters for business in the European Union is in Berlin, Germany. The business operates under a number of distinct brands, including Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows. Former Chief Executive António Horta-Osório told The Banker, "We will keep the different brands because the customers are very different in terms of attitude". Lloyds Banking Group is listed on the London Stock Exchange (LSE) and is a constituent of the FTSE 100 Index. It had a market capitalisation of approximately GB£27.1 billion as of 1 December 2020 — the 19th-largest of any LSE listed company — and has a secondary listing on the New York Stock Exchange. reference
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| 1241. |
LBG meaning in Banking ? |
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Answer» What is Lloyds Bank Group mean? Lloyds Banking Group plc is a British financial institution formed through the acquisition of HBOS by Lloyds TSB in 2009. It is one of the UK's largest financial services organisations, with 30 million customers and 65,000 employees. The Group's heritage extends over 320 years, dating back to the founding of the Bank of Scotland by the Parliament of Scotland in 1695. The Group's headquarters are located at 25 Gresham Street in the City of London, while its registered office is on The Mound in Edinburgh. It also operates head office sites in Birmingham, Bristol, West Yorkshire and Glasgow. The Group also has extensive overseas operations in the US, Europe, the Middle East and Asia. Its headquarters for business in the European Union is in Berlin, Germany. The business operates under a number of distinct brands, including Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows. Former Chief Executive António Horta-Osório told The Banker, "We will keep the different brands because the customers are very different in terms of attitude". Lloyds Banking Group is listed on the London Stock Exchange (LSE) and is a constituent of the FTSE 100 Index. It had a market capitalisation of approximately GB£27.1 billion as of 1 December 2020 — the 19th-largest of any LSE listed company — and has a secondary listing on the New York Stock Exchange. reference
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| 1242. |
QCB meaning in Banking ? |
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Answer» INFO: Full form for QCB is Quail Creek Bank, N. A. in Banking category
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| 1243. |
QCB meaning in Banking ? |
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Answer» What is Qatar Central Bank mean? The Qatar Central Bank (Arabic: مصرف قطر المركزي) is the central bank of Qatar. The Qatar Central Bank was originally until 1993 known as the Qatar Monetary Agency (and was known before that as Qatar Dubai Currency Board), founded on May 13, 1973 after Dubai joined the United Arab Emirates and disengaged itself from British monetary policy which the area had previously followed. The Qatar Monetary Agency assumed the duties of a central bank. In 1973, Amiri Decree No. 24 authorized the issuance of the Qatari Riyal (QR). Over its history the Qatar Central Bank has increasingly worked in association with other, larger central banks to achieve a stable currency for the country, most recently and notably with the Monetary Authority of Singapore. reference
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| 1244. |
WBDM meaning in Banking ? |
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Answer» INFO: Full form for WBDM is World Bank Development Marketplace in Banking category |
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| 1245. |
CRBT meaning in Banking ? |
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Answer» INFO: Full form for CRBT is Cedar Rapids Bank & Trust in Banking category
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| 1246. |
LSAP meaning in Banking ? |
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Answer» INFO: Full form for LSAP is Large Scale Asset Purchase in Banking category
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| 1247. |
IMBA meaning in Banking ? |
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Answer» INFO: Full form for IMBA is Illinois Mortgage Bankers Association in Banking category
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| 1248. |
LCU meaning in Banking ? |
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Answer» INFO: Full form for LCU is Local Currency Unit in Banking category
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| 1249. |
MBAC meaning in Banking ? |
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Answer» INFO: Full form for MBAC is Mortgage Bankers Acceptance Company in Banking category
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| 1250. |
MMT meaning in Banking ? |
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Answer» What is Modern Monetary Theory mean? Modern Monetary Theory or Modern Money Theory (MMT) is a heterodox macroeconomic theory that describes currency as a public monopoly and unemployment as evidence that a currency monopolist is overly restricting the supply of the financial assets needed to pay taxes and satisfy savings desires. MMT is opposed to the mainstream understanding of macroeconomic theory, and has been criticized by many mainstream economists. MMT says that governments create new money by using fiscal policy and that the primary risk once the economy reaches full employment is inflation, which can be addressed by gathering taxes to reduce the spending capacity of the private sector. MMT is debated with active dialogues about its theoretical integrity, the implications of the policy recommendations of its proponents, and the extent to which it is actually divergent from orthodox macroeconomics. reference
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