BusinessAugust 18, 2026
syndicating
SIN-di-kay-ting
Definition
The act of organizing and managing a loan where multiple financial institutions join together to provide a large amount of capital to a single borrower.
Etymology
Derived from the French 'syndicat', which traces back to the Greek 'syndikos' meaning a representative or advocate. It entered English in the 19th century to describe groups of individuals or organizations combined to promote a common interest.
In the news
RCBC is recognized for syndicating complex infrastructure loans, which involves coordinating multiple lenders to handle high-value projects that exceed the capacity of a single bank.
RCBC named Best Bank for Large Corporates in PH
Read the full article ↗Manila Bulletin