DZ BANK Group definition

DZ BANK Group means DZ BANK and its consolidated subsidiaries in accordance with §§ 290 et seq. of the German Commercial Code or other applicable German law then in effect.
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Examples of DZ BANK Group in a sentence

  • The lending business is one of the most important core activities of the entities in the Bank sector of the DZ BANK Group and is divided into traditional lending business and trading activities.

  • In an extreme case, the realisation of the liquidity risk may have materially negative consequences for DZ BANK´s financial position and this can lead to DZ BANK being unable to meet its obligations relating to the payment of interest and repayment of principal under the securities it has issued, which in turn can lead to the total loss of the capital invested by the investor.• Credit risk: The DZ BANK Group is exposed to considerable credit risk in the Bank sector.

  • A persistently low interest rate environment could therefore have materially negative consequences for DZ BANK’s performance.• Coronavirus impacting global economy and markets: The impact of the coronavirus (SARS-Cov-2) is being felt by almost all divisions of the DZ BANK Group entities.

  • In the medium to long term, the continuously rapid spread of the COVID-19 pandemic could continue to adversely affect global economies and financial markets, resulting in a prolonged economic downturn.However, if the difficult market conditions persist, a deterioration in earnings for DZ BANK and the DZ BANK Group cannot be ruled out.

  • Physical climate risks affect the lending business of the entities in the DZ BANK Group.

  • There would be an additional risk that these negative effects could spread to the other entities in the DZ BANK Group.

  • In contrast, the DZ BANK Group takes a holistic view of all these risks when using risk management tools and when assessing the risk position.

  • If the liquidity providers of the companies of the DZ BANK Group lose confidence in these companies, or if the general financial or regulatory conditions change, there is a risk of existing refinancing not being extended when deposits, time deposits or financial instruments reach legal maturity, and that the companies of the DZ BANK Group will therefore be obliged to repay them.

  • If climate risks are relevant because of the business model of the DZ BANK Group entities affected, they are implicitly backed with capital within the risk types referred to above.

  • Even negative effects on the reputation of individual entities in the DZ BANK Group or on the DZ BANK Group as a whole cannot be ruled out which could lead to a decline in business.

Related to DZ BANK Group

  • World Bank Group means the International Bank for Reconstruction and Development, the International Development Association, the International Finance Corporation and MIGA.

  • Bank Group means Bank or any affiliate of Bank subject to aggregation with Bank under such Section 13 of the Exchange Act and rules promulgated thereunder.

  • HSBC Group means HSBC Holdings plc, its affiliates, subsidiaries, associated entities and any of their branches and offices (together or individually), and “member of the HSBC Group” has the same meaning.

  • the Group means the Company and its subsidiary undertakings (if any); and

  • DBS Group means DBS Bank Ltd, its subsidiaries, affiliates, branches and related companies.

  • Finance Parties means the Agents, the Arrangers, the Bookrunners, the Security Trustee, the Lenders and each Hedge Counterparty and “Finance Party” means any of them.

  • ABN AMRO means ABN AMRO Bank N.V.

  • 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.

  • International Borrower In connection with any Mortgage Loan, a borrower who is (a) a United States citizen employed in a foreign country, (b) a non-permanent resident alien employed in the United States or (c) a citizen of a country other than the United States with income derived from sources outside the United States.

  • Credit Suisse means Credit Suisse Securities (USA) LLC.

  • Client Bank Account means an account held in the name of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor; and/or an account held in the name of the Company on behalf of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor.

  • Fortis means Fortis Inc.;

  • PLC means Programmable Logic Controller;

  • UK Financial Institutions means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Instructing Group means at any time:

  • Mizuho means Mizuho Bank, Ltd.

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

  • Rabobank means Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A., “Rabobank Nederland”, New York Branch.

  • RBS means The Royal Bank of Scotland plc.

  • Chartered bus means a passenger bus, coach, or other motor vehicle provided by

  • GE Capital means General Electric Capital Corporation, a Delaware corporation.

  • International banking institution means an international financial institution of which the United States is a member and whose securities are exempt from registration under the Securities Act of 1933.

  • MUFG means MUFG Bank, Ltd.

  • VAT Group means a group for the purposes of the VAT Grouping Legislation.

  • Structured group means a group that is not randomly formed for the immediate commission of an offence and that does not need to have formally defined roles for its members, continuity of its membership or a developed structure;

  • We/Us/Our means TATA AIG General Insurance Company Limited.