chartered bank

noun

Canadian.

1. a private bank operating under authorization by the federal government of Canada.

chartered bank

noun

1. a privately owned bank that has been incorporated by Parliament to operate in the commercial banking system

Example Sentences

Market participants are underestimating the chance of a rebound in the dollar, said Steven Englander, global head of G10 FX research and North American macro strategy at Standard Chartered Bank in New York.

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"China needs to bring back the animal spirit of the population and we are still far from that," said Shuang Ding, Chief Economist for Greater China and North Asia at Standard Chartered Bank.

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"China needs to stabilise property markets and create sufficient jobs to ensure social stability," Mr Ding from Standard Chartered Bank said.

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A widening services trade deficit from outbound tourism or overseas study, and reduced incentives for Chinese exporters to convert proceeds back to yuan due to a wide interest rate gap, may be downside factors in the near term, said Becky Liu, head of China macro strategy at Standard Chartered Bank.

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"By trading FX swaps, exporters can postpone their settlements while meeting their yuan demand," said Becky Liu, head of China macro strategy at Standard Chartered Bank.

Read more on Reuters