Licensed Commercial Bank means a licensed commercial bank within the meaning of the Banking Act, No. 30 of 1988 ;

Licensed Commercial Bank means a bank licensed under the Banking Act No. 30 of 1988 as amended from time to time to carry on banking business as defined in that Act.

Licensed Commercial Bank means a bank licensed under subsection (4) of section 2 of the Banking Act, No. 30 of 1988;

Examples of Licensed Commercial Bank in a sentence

Such Performance Guarantee shall be in the form of a Bank Guarantee issued in favor of the Monetary Board of the Central Bank of Sri Lanka obtained from a Licensed Commercial Bank operating in Sri Lanka and forwarded to the Secretary of the CBSL.A successful tenderer who fails to furnish the required Performance Guarantee as specified above shall be deemed to be disinterested in accepting the award, and the Bid Guarantee shall be forfeited.
Anyone wishing to pay cash should obtain a bank draft from a Licensed Commercial Bank in Sri Lanka.
An acceptable Bank Guarantee confirmed by a Licensed Commercial Bank operating in Sri Lanka payable to the Associated Newspapers of Ceylon Ltd., Lake House, 35, D.R. Wijewardene Mawatha, Colombo 10, Sri Lanka.
An endorsement by way of a letter by the Licensed Commercial Bank in Sri Lanka in which the Applicant maintains the IIA, should be attached to the Application Form to the effect that such payment through bank draft/bank guarantee has been made out of the funds available in the IIA.
Payments for Applications for values above and inclusive of Sri Lanka Rupees One Hundred Million (LKR 100,000,000/-) should be supported by either; • A Bank guarantee issued by a Licensed Commercial Bank or • A Bank draft drawn upon any commercial bank operating in Sri Lanka, or • A RTGS transfer with value on the Issue Opening Date.

More Definitions of Licensed Commercial Bank

Licensed Commercial Bank means a Licensed Commercial Bank within the

Licensed Commercial Bank means a company or a body corporate licensed under Part I of the Banking Act, No. 30 of 1988 to carry on banking business in Sri Lanka;

Licensed Commercial Bank means a licensed commercial bank, to which a licence in terms of section 5 of the Banking Act, No. 30 of 1988 has been issued by the Monetary Board with the approval of the Minister assigned the subject of Finance;

Licensed Commercial Bank means a Licensed Commercial Bank within the meaning of Banking

Licensed Commercial Bank means a public company licensed to carry on banking business under the Banking Act, No.30 of 1988;

Licensed Commercial Bank or “Bank” shall mean a public company duly incorporated in Sri Lanka or abroad which has received a banking license from the Monetary Board of the CBSL with the approval of the Minister in charge of the subject of Finance, under Section 5 of Banking Act No. 30 of 1988 as may be amended.

Licensed Commercial Bank means, a commercial bank licensed under the Banking Act, No. 30 of 1988 as amended ;