CNBS definition

CNBS means Comisión Nacional de Bancos y Seguros, the Borrower’s national banking and insurance commission, established pursuant to Article 245, Section 31 of the Borrower’s Constitution, and governed by the CNBS Law;
CNBS means the Honduran National Banking and Insurance Commission.

Examples of CNBS in a sentence

  • The Technical Assistance Agreement shall include, inter alia, the right of the Borrower (through CNBS) to terminate said agreement in the event that a generalized crisis of the Borrower’s banking system occurs as evidenced by the criteria described in (c) below.

  • The fund is subject to government regulation and provides annual information reporting about its beneficiaries to CNBS.

  • In addition, accounts held by Nonparticipating Financial Institutions shall be treated as accounts for which aggregate payments as described in subparagraph 1(b) of Article 4 of the Agreement are reported to CNBS.

  • SWIFT Code: CMBC CNBS 201 * This portion of Exhibit 10.23 has been omitted and filed separately with the Securities and Exchange Commission, pursuant to Rule 406 under the Securities Act of 1933, as amended.

  • MEDIA is the legal and beneficial owner of all issued and outstanding shares of CNBS Shenzhen New Media Consulting Company Limited (‘New Media”), a PRC corporation which is principally engaged in the management consulting, corporate positioning, and economic data consulting services in PRC.

  • The assessment was implemented by E2Aamong a sample of youth aged 18-24 years as recommended by the CNBS, the ethics review committee in Mozambique, to which the research protocol was submitted for approval.

  • SWIFT Code: CMBC CNBS 201 In addition, Customer acknowledges that Google may, at its option, offset any payment obligations to Customer that Google may incur hereunder against any product or service fees (including late fees) owed and not yet paid by Customer under any other agreement between Customer and Google, in addition to whatever other rights and remedies Google may have hereunder or thereunder.

  • Provision of technical assistance to the FSPC for the drafting of legal amendments necessary to improve the Borrower’s legal and regulatory framework for the banking sector, including, inter alia, amendments to: (a) the Financial Institutions Law; (b) the FOSEDE Law; (c) the BCH Law; (d) the CNBS Law; (e) the current prudential norms and regulations; and (f) norms and regulations related to bank corporate governance and risk management standards.