banking policy definition

banking policy means any policy which is specified from time to time by the Reserve Bank in the interest of the banking system or in the interest of monetary stability or sound economic growth, having due regard to the interests of the depositors, the volume of deposits and other resources of the bank and the need for equitable allocation and the efficient use of these deposits and resources;
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banking policy means a policy which is specified by the Bank of Ghana in the interests of the banking system or in the interests of monetary stability or sound economic growth;
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banking policy means a policy which is specified by the Bank of Ghana in the interest of the banking system or in the interest of monetary stability or sound economic growth;
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More Definitions of banking policy

banking policy means any policy specified from time to time by the RBI in the interest of the banking system or in the interest of monetary stability or sound economic growth
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banking policy means policy specified by RBI from time to time in the interest of
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banking policy means a policy which is specified by the Bank of Ghana in the interestsof the banking system or in the interests of monetary stability or sound economicgrowth; “capital adequacy ratio” of a bank is the ratio expressed as a percentage of its capitalbase to its risk weighted exposure; “chief executive” in relation to a bank, means a person, by whatever name called, whois responsible, subject to the authority of a bank’s board of directors, for the conductand management of the business of the bank; “connected lending” or “lending to related parties” means taking a financial exposure inrespect of (a) directors or significant shareholders, (b) firms or companies in which a director or a significant shareholder isinterested, directly or indirectly as director controlling shareholder, partner,proprietor, employee or guarantor, (c) holding or subsidiary companies of the company in which a director orsignificant shareholder is interested, directly or indirectly, as director,controlling shareholder, partner, proprietor, employee or guarantor; “controlling shareholding” means a direct or indirect holding in a bank (a) which represents more than fifty per cent of the capital or of the votingrights, or (b) which makes it possible to exercise a significant influence over themanagement of the bank in which a holding subsists; “financial exposure” of a bank to a person, firm, body corporate, or any unincorporatedbody of persons, concern or combination of that person, firm, body corporate, or anunincorporated body of persons, concern or combination shall be taken to be theaggregate of (a) the loans, advances and credit facilities (including off-balance sheetobligations) given to that person, firm, body corporate, or anunincorporated body of persons, concern or combination, and (b) the value of the bank’s holdings of shares and debentures and other debtsecurities issued by that person, firm, body corporate, or an unincorporatedbody of persons, concern or combination; Banking Act, 2004 Act 673 37 and in computing the financial exposure the following assets that may be held as collateralshall be deducted (c) cash deposit; (d) lien on term deposit with the bank; (e) market value of Treasury Bills, Government Securities, Bank Securities,and (f) other securities approved by the Bank of Ghana; “foreign bank” means a bank incorporated in Ghana in which not less than sixty percent of the equity share capital is held by foreigners; “large exposure” means financial exposure to a sing...
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Related to banking policy

  • Trading Policy means the Company’s policy permitting certain individuals to sell Company shares only during certain “window” periods and/or otherwise restricts the ability of certain individuals to transfer or encumber Company shares, as in effect from time to time.

  • Academies Financial Handbook means the DfE’s financial handbook for Academies in force from time to time;

  • Consensus Policies are those policies established (1) pursuant to the procedure set forth in ICANN’s Bylaws and due process, and (2) covering those topics listed in Section 1.2 of this Specification. The Consensus Policy development process and procedure set forth in ICANN’s Bylaws may be revised from time to time in accordance with the process set forth therein.

  • Investment Policy means the investment policy from time to time determined by the Commission under the Rules;

  • ECB €STR Guideline means Guideline (EU) 2019/1265 of the European Central Bank of 10 July 2019 on the euro short-term rate (€STR) (ECB/2019/19), as amended from time to time;

  • Investment Policies has the meaning assigned to such term in Section 3.11(c).

  • FCA Handbook means the FCA Handbook of Rules and Guidance as amended from time to time.

  • PRA Handbook means the PRA Handbook of Rules and Guidance as amended from time to time.

  • COGE Handbook means the Canadian Oil and Gas Evaluation Handbook prepared jointly by The Society of Petroleum Evaluation Engineers (Calgary Chapter) and the Canadian Institute of Mining, Metallurgy & Petroleum (Petroleum Society), as amended from time to time.

  • Tariff Policy means a Tariff Policy adopted by the Council in terms of Section 74 of the Local Government: Municipal Systems Act 32 of 2000.

  • Policies and Procedures means the written policies and procedures of the Client in any way related to the Services, including any such policies and procedures contained in the Organic Documents and the Offering Documents.

  • Investment Guidelines means the investment guidelines approved by the Board, a copy of which is attached hereto as Exhibit A, as the same may be amended, restated, modified, supplemented or waived pursuant to the approval of a majority of the entire Board (which must include a majority of the Independent Directors).

  • International Financial Reporting Standards means the accounting standards and interpretations adopted by the International Accounting Standards Board.

  • Safeguard Policy Statement or “SPS” means ADB's Safeguard Policy Statement (2009);

  • Financial Management Manual means the Financial Management Manual, referred to in paragraph B of Schedule 4 to this Agreement, that sets out the financial and accounting arrangements for Implementing Partners and the Recipient’s entities, in form and substance satisfactory to the Association;

  • Procurement Policy means ADB’s Procurement Policy - Goods, Works, Nonconsulting and Consulting Services (2017, as amended from time to time);

  • Air Standards Manager means the Manager, Human Toxicology and Air Standards Section, Standards Development Branch, or any other person who represents and carries out the duties of the Manager, Human Toxicology and Air Standards Section, Standards Development Branch, as those duties relate to the conditions of this Certificate.