[yoo
r-uh-bangk, yur-] 
| a western European bank that deals in Eurocurrency. |
Eurobank
A financial institution that readily accepts foreign currency denominated deposits and makes foreign currency loans.
Investopedia Commentary
The emergence of eurobanks has facilitated trade and investment between countries, which were difficult in the past for lack of intermediaries that would accept foreign currencies.
Related Links
A Primer On The Forex Market
What Are Depository Receipts?
See also: Eurobond, Eurocurrency, Eurodollar