Glossary entry

Deutsch term or phrase:

Hausbank

Englisch translation:

principal bank, house bank, the firm's bank

Added to glossary by Eckhard Boehle
Mar 24, 2002 20:47
23 yrs ago
15 viewers *
Deutsch term

Hausbank

Deutsch > Englisch Wirtschaft/Finanzwesen Finanzen (allgemein)
From a prospectus about investments in the media business.

Proposed translations

+3
6 Min.
Selected

principal bank, house bank, the firm's bank

Romain
Peer comment(s):

agree ingot
5 Min.
agree brute (X)
13 Stunden
agree GBChrista : yes house bank
2 Tage 21 Stunden
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4 KudoZ points awarded for this answer.
+2
8 Min.

principal banking relationship

Difficult to say without more context; alternatives:

- main banking relationship
- local bank (for retail customers)
- account-holding bank (probably too general)

Avoid "house bank" - that's a false friend!

The fact that there isn't a "snappy" English term reflects the cultural difference between the German universal banking system (where many companies often have one major banking relationship), and the situation in Anglo-Saxon countries, for example, where financial services would be provided by a variety of institutions specialised on a particular part of the processing chain (clearing banks, brokers, merchant/investment banks, etc.).

HTH - best regards, Ralf
Peer comment(s):

agree Chris Rowson (X) : one other possibility: the company´s principal bank.
2 Stunden
agree msebold
9 Stunden
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2 Stunden

the firm's bank or a person's bankers

It usually means the bank used by the firm.
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3 Stunden

main or principal bank

The term "main bank" is very common in Japan, and refers to the bank which stands as guarantor to other lenders should the firm run into trouble.

The term "principal bank" is also used in this context.
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4 Tage

house bank

Affiliated to a company and acting as principal banker on its behalf
Fwb Finanzen,Banken Börse dtv
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4 Tage

house bank

Affiliated to a company and acting as principal banker on its behalf
Fwb Finanzen,Banken Börse dtv
Something went wrong...
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