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prime bank

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02:27 May 22, 2005
This question was closed without grading. Reason: Other

English to Swedish translations [PRO]
Bus/Financial - Finance (general)
English term or phrase: prime bank
ie. a reputable bank - i know that there is a commonly used term but I cannot seem to remember what it is
Anders G
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Summary of answers provided
5 +1There is no such expression in the English language.
Sven Petersson
4Five-Star banking institution
Charlesp
3financially secure
Charlesp


Discussion entries: 4





  

Answers


3 hrs   confidence: Answerer confidence 5/5 peer agreement (net): +1
There is no such expression in the English language.


Explanation:
Theoretically, a "Prime Bank" would be one that has been rated as having an excellent creditworthiness record as determined by an independent risk evaluation company such as Standard and Poor's. However, in the financial world this term is not used at all.

It could also be a typo for "PrimeBank", which is a proper noun.

http://www.settlor.info/page.php?c=primebank_gold


    Reference: http://www.eagletraders.com/advice/sec_prime.htm
    Reference: http://www.fraudaid.com/Dictionary-of-Financial-Scam-Terms/p...
Sven Petersson
Sweden
Local time: 23:22
Native speaker of: Native in SwedishSwedish, Native in EnglishEnglish
PRO pts in category: 316

Peer comments on this answer (and responses from the answerer)
agree  Charlesp: yes, be careful. see also: http://www.sec.gov/divisions/enforce/primebank/howtheywork.s... see also "http://www.prime-bank.com/"
4 hrs
  -> Thank you very much!
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7 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
Five-Star banking institution


Explanation:
See http://www.bauerfinancial.com/btc_ratings.asp
for ratings on individual banks.

See also: www.fdic.gov/bank/individual/bank/
for general information on banking ratings.

--------------------------------------------------
Note added at 7 hrs 37 mins (2005-05-22 10:05:36 GMT)
--------------------------------------------------

or alternatively: A+ Bank Rating
see www.lacefinancial.com/
(another rating service)

Charlesp
Sweden
Local time: 23:22
Specializes in field
Native speaker of: English
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12 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
financially secure


Explanation:
why don't you then just say "financially secure" bank or "reputable bank"

Charlesp
Sweden
Local time: 23:22
Specializes in field
Native speaker of: English
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