banking institution definition

banking institution means a bank, bank and trust company, trust company, savings bank, private bank, or a national banking association, organized and doing business under the provisions of any law of this state, or of any other state of the United States, or under the provisions of any law of the United States of America.
banking institution means a bank or trust company, including the Custodian, any Subcustodian or any subsidiary or Affiliate of the Custodian.
banking institution means a banking institution as defined in section 1 of the Banking Institutions Act, 1998 (Act No. 2 of 1998);

Examples of banking institution in a sentence

  • Rural Bank: Banking institution that targets clients who live and work in non-urban areas and who are generally involved in agricultural-related activities.


More Definitions of banking institution

banking institution means a banking institution as defined in section 1 of the Banking Institutions Act;
banking institution means an institution that is incorporated under the laws of the State as a State bank, trust company, or savings bank.
banking institution means a banking institution as defined in section 1 and registered or provisionally registered or deemed to be registered or to be provisionally registered as a banking institution in terms of section 4 of the Banks Act, 1965 (Act No. 23 of 1965), but does not include a provisionally registered banking institution which is so registered provisionally after the coming into operation of the Administration of Estates Amendment Act, 1971;
banking institution means an institution registered otherwise than provisionally as a bank in terms of the Banks Act, 1965 (Act 23 of 1965);
banking institution means a banking institution as defined in section 1 of the Banks Act, 1965 (Act No. 23 of 1965);
banking institution means an institution registered under the Banking Institutions Act, 1998 (Act No. 2 of 1998), and includes a banking institution authorised as such under the laws of a country other than Namibia;