Glossary entry (derived from question below)
English term or phrase:
compensating balances
German translation:
Ausgleichssalden
Added to glossary by
Ute Wietfeld
Jul 16, 2002 08:36
21 yrs ago
English term
United Kingdom
compensating balances (in this context)
English to German
Bus/Financial
Finance (general)
banking
Any help with the following sentence would be greatly appreciated: "Corporate service charges grew 11 percent due to higher fees paid in lieu of compensating balances as a result of a lower rate environment."
The "corporate service charges" are the fees charged by a bank to its corporate customers. Many thanks!
The "corporate service charges" are the fees charged by a bank to its corporate customers. Many thanks!
Proposed translations
(German)
| 2 +1 | Ausgleichssalden |
Kathi Stock
|
Proposed translations
+1
8 mins
Kathi Stock
United States
United States
Native in German
Works in field
United States
With German Quality & Accuracy
Native in: German
Works in: English to German, German to English
Related KudoZ points
:
29
Selected
Ausgleichssalden
Typisch Banken...gleichen ihre Verluste durch die low interest environment (niederige Zinsen) durch andere Gebühren aus.
4 KudoZ points awarded for this answer.
Comment: "Many thanks, that makes sense. Regards, Ute"
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