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day loan market [1 record]

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Record 1 1991-10-28

English

Subject field(s)
  • Investment
  • Banking
CONT

The 1954 Bank Act revision changed the basis of cash reserve calculation which made it more attractive for the banks to adjust cash positions through the day loan market, a change which greatly increased the use of day-to-day loans.

French

Domaine(s)
  • Investissements et placements
  • Banque
CONT

La Loi de 1954 remaniant la législation bancaire a changé la base du calcul des réserves-encaisse, ce qui a encouragé les banques à rajuster leur encaisse en fonction du marché des prêts au jour le jour, changement qui a augmenté considérablement l'utilisation de ce genre de prêts.

Spanish

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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