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Information > Financial Terms > This page Group Banking The
form of multiple banking control that, although similar to branch and
chain banking, differs in that a holding company controls the group of
banks. By contrast, chain
banking involves the control of two or more banks by a person or persons
through stock ownership and interlocking directors. The function of the holding company is to supervise and to
co-ordinate the banks in the group, but each bank has its own officers
and board of directors on whom the responsibility for the affairs of the
bank rests. Back to Information |