Definition of "nonbanking" []

• Outside of banking (adjective)

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• "We know the answer, because lots of bad loans originated with small banks, untainted by any significant nonbanking business, that then sold them to larger institutions."
• "A significant dilution or outright loss of its shares in Woori Investment could be a major blow for Woori Finance; the brokerage is the holding company's key nonbanking affiliate."
• "Instead, he is seeking to increase Woori Finance's stake in the brokerage as part of the holding firm's broader efforts to boost nonbanking operations."