A
non-bank or a
non-bank bank, is a
financial institution that provides
bankingserviceswithout meeting the
legal definition of a
bank, i. e. that does not hold a
banking license. Operations are, regardless of this, still exercised under
financial supervision.
Non-bank institutions frequently acts as suppliers of loans and credit facilities, however they are typically not allowed to take deposits from the general public and have to find other means of funding their operations such as issuing debt instruments.
