bridge bank definition
bridge bank means temporary national bank established to take ownership of part or all of an institution to bridge the lapse between failure and final resolution;
bridge bank means a newly chartered German bank that would receive some or all of the Issuer’s equity securities, assets, liabilities and material contracts, including those attributable to the Issuer’s branches and subsidiaries, in the event of the imposition of Resolution Measures.
bridge bank means a newly chartered German bank that would receive some or all of the Issuer’s equity securities, assets, liabilities and/or material contracts, including those attributable to the Issuer’s branches and subsidiaries, in a resolution proceeding.
More Definitions of bridge bank
bridge bank means a temporary institution established by the Bank pursuant to section 70(7) to administer the assets and liabilities of a failing banking institution, microfinance banking institution or controlling company;
bridge bank means an institution created by the Bank to temporarily operate a failed bank or financial institution until a buyer is found for its operations;
bridge bank means Bridge Bank, N.A., a national banking association.
bridge bank means a bank established in the course of the resolution of an insolvent bank(s), whose sole shareholder is the DGF until the date of sale of the bank in question to the investor (association of investors);
bridge bank means PT Shelfco (Scot) Limited, a company with the registered number 356970 incorporated in Scotland under Scots law whose registered office is at 24 Great King Street, Edinburgh EH 3 6QN;
bridge bank means DBS Bridge Bank Limited, a company with the registered number SC356970 incorporated in Scotland whose registered office is at Caledonia House, Carnegie Avenue, Dunfermline KY11 8PJ;
bridge bank means a bank organized under paragraph (6) of Article 61; “CBI” means the Central Bank of Iraq;