Bank of Albania definition

Bank of Albania means the central bank of the Borrower;
Sample 1Sample 2
Bank of Albania means the Recipient’s Central Bank and includes any successor thereto.
Sample 1
Bank of Albania means the Central Bank of the Borrower established pursuant to the Law on the Bank of Albania No. 8076 dated February 22, 1996;
Sample 1

Examples of Bank of Albania in a sentence

  • The Bank of Albania is directed by a council, which is chaired by the Governor.

  • If prices are given in foreign currency, they shall be changed in Albanian Lek according to the Bank of Albania official exchange rate on the date the contract notification was sent for publication and shall be kept in that rate until the expiration of Bid Validity Period.

  • Refer to note 4.Write-off policyThe Bank writes off a loan / security balance (and any related allowances for impairment losses) with the decision of the Board of Directors, in accordance with the regulation of Bank of Albania “On Credit Risk Management”.

  • The Bank manages this risk by establishing and monitoring limits on open positions and also ensuring that these positions remain in compliance with the Bank of Albania guidelines and Bank’s internal operational covenants.

  • There have been no material changes in the Bank’s management of capital during the period.Regulatory capitalThe Bank monitors the adequacy of its capital using, among other measures, the rules and ratios established by the Albanian regulator, the Bank of Albania (“BoA”), which ultimately determines the statutory capital required to underpin its business.

  • Regulatory capitalThe Bank monitors the adequacy of its capital using, among other measures, the rules and ratios established by the Albanian regulator, the Bank of Albania (“BoA”), which ultimately determines the statutory capital required to underpin its business.

  • The exchange rate of different currencies shall be the exchange rate of the Bank of Albania on the day when the contract notification is sent for publication and it shall be indicated in the contract.

  • Reserve assets are readily available claims of the Bank of Albania on nonresidents denominated in foreign convertible currencies, and held for the purpose of meeting balance of payments financing needs, intervention in exchange markets, and other purposes.

  • The revision of the Regulation on Foreign Exchange Activity adopted by the Bank of Albania in September 2009 simplifies procedures related to the movement of capital.

  • In February and March 2009 the Bank of Albania (BoA) approved regulations on the licensing and activities of non-banking financial institutions and of foreign banks and branches of foreign banks.

Related to Bank of Albania

  • Bank of America means Bank of America, N.A. and its successors.

  • KeyBank means KeyBank National Association.

  • Rabobank means Coöperatieve Rabobank U.A., New York Branch.

  • Mizuho means Mizuho Bank, Ltd.

  • Wachovia means Wachovia Bank, National Association, a national banking association, and its successors.

  • Bank of America Fee Letter means the letter agreement, dated as of September 28, 2018 between the Borrower and Bank of America.

  • Goldman Sachs means Goldman Sachs & Co. LLC.

  • JPMorgan Chase Bank means JPMorgan Chase Bank, N.A. and its successors.

  • Foothill means Foothill Capital Corporation, a California corporation.

  • ABN AMRO means ABN AMRO Bank N.V.

  • Fortis means Fortis Inc.;

  • Natixis means Natixis Real Estate Capital LLC and its successors in interest.

  • Citibank means Citibank, N.A., a national banking association.

  • Citicorp has the meaning specified in the preamble to this Agreement.

  • CIBC means Canadian Imperial Bank of Commerce.

  • L/C Bank means the Original L/C Bank and any other Lender which has been appointed as an L/C Bank in accordance with Clause 5.11 (Appointment and Change of L/C Bank) and which has not resigned in accordance with paragraph (c) of Clause 5.11 (Appointment and Change of L/C Bank).

  • UK Non-Bank Lender means where a Lender becomes a Party after the day on which this Agreement is entered into, a Lender which gives a Tax Confirmation in the Assignment Agreement or Transfer Certificate which it executes on becoming a Party.

  • DB means the person or three persons appointed under Sub-Clause 20.2 [ Appointment of the Dispute Board ] or Sub-Clause 20.3 [ Failure to Agree on the Composition of the Dispute Board ].

  • JPMCB means JPMorgan Chase Bank, N.A.

  • Scotiabank is defined in the preamble.

  • JPMorgan means JPMorgan Chase Bank, N.A. and its successors.

  • SunTrust means SunTrust Bank.

  • Citi shall have the meaning assigned to such term in the preamble to this Agreement.

  • Wells Fargo Bank Wells Fargo Bank, N.A., or its successor in interexx.

  • Barclays Capital is a reference to Barclays Capital, the investment banking division of Barclays Bank PLC;

  • MUFG means MUFG Bank, Ltd.