Industry WIKI

Lombard credit (or lombard loan) is a form of short-term secured lending, characterized by loans against movable collateral, today mostly in the form of account balances, securities or life insurance policies. The lombard rate is a central bank lending rate charged to commercial banks for short-term loans with securities pledged as collateral.

Reserve requirements are central bank regulations that set the minimum amount that a commercial bank must hold in liquid assets. This minimum amount, commonly referred to as the commercial bank's reserve, is generally determined by the central bank on the basis of a specified proportion of deposit liabilities of the bank. This rate is commonly referred to as the cash reserve ratio or sh