Examples of HBOR in a sentence
MoU between the Croatian Bank for Reconstruction and Development (HBOR) and the EXIM Bank of India (2000).
The HBOR will also check randomly selected sub-loan packages of Category B- and Category C sub-projects to ensure that PFIs carried out screening and categorization of sub-projects in a correct way; that Environmental Assessments for Category B- sub-projects were carried out adequately and the produced EMPs are of acceptable quality.
It is recommended the HBOR periodically take random visits to sub-project implementation sites to ensure that PFIs’ reporting on the sub-borrowers’ compliance with EMPs realistically reflects situation on the ground.
STEP 7: The PFI monitors the implementation of the EIA mitigation plan (if necessary) and informs the HBOR.
Therefore, PFIs shall properly keep all sub-project documentation on file and make it available for the HBOR and the IBRD as needed.
The Risk-Sharing Model covers the manner of implementing HBOR’s loan programmes in cooperation with commercial banks, where HBOR assumes a portion of direct lending risk (e.g. 50%), whereas the commercial bank assumes the risk associated with the other part of the loan (irrespective of whether it is financed from HBOR’s funds or from commercial bank’s funds).
With an objective of facilitating the availability of HBOR’s funds, the Group channels part of its placements through the risk sharing model, under which commercial banks and HBOR participate in the financing of clients in accordance with in advance agreed proportions.
If reconstruction would exceed footprint of existing structure in any way, the PFI and HBOR must ascertain that any additional land used is unencumbered (i.e. no squatters or encroachers or not requiring the eviction of anyone resident in such property) and provide proof in form of pictures and ownership title.
Pursuant to the Agreement, the commercial bank authorises HBOR to unilaterally inform the bank in written form that, in the case of the commercial bank’s insolvency or threat of liquidation, untimely repayments or default on the commitments agreed in the individual contract on interbank loan or actual (insolvent or regular) liquidation, the Bank assumes the receivable towards the final customer from the commercial bank, with the effect of assignment of receivables instead of contract fulfilment.
HBOR obavlja poslove prijema i pregleda zahtjeva banke za naplatom jamstva za pojedinu kreditnu obvezu korisnika kredita u dijelu iznosa ostatka glavnice za koju je dano jamstvo...English: The HBOR shall carry out the reception and review of the bank request for collection of the guarantee for individual loan liabilities of the loan beneficiary in the amount of the principal arrear for which a guarantee was issued.