Minimum capital definition

Minimum capital or "minimum required capital" means the capital that must be constantly maintained by a stock insurance corporation as required by statute.

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Minimum capital or "minimum required capital" means the capital that must be

Minimum capital means capital representing a permanent commitment of funds by the shareholders of the banking institution (net of any loans and advances given to an insider and any borrowed capital) which is available to meet losses incurred without imposing a fixed unavoidable charge on the institution’s earnings, and includes such of the following elements as are available to the institution after making any required deductions—

Examples of Minimum capital in a sentence

• Minimum capital required to be registered at the commencement of the business under the Lists attached to the Foreign Business Act B.E. 2542 (1999) shall not be less than that prescribed by the Ministerial Regulations, which in no case shall be less than three million Thai Baht.

• Minimum capital requirement shall be clarified and a final decision will be submitted to the Association Council not later than 3 years from the entry into force.

• Minimum capital solvency levels are laid down by FCA and in order to manage Client Money in this manner MOFS will ensure that such solvency requirements are met at all times and wherever possible exceeded.

• The Minimum capital requirement, to cover the risk of holding or taking positions in equities in the trading book is detailed in the Circular.

• Minimum capital rules for federally insured financial institutions are based on extensive experience and a rule making process that involves expert judgment and public input.

More Definitions of Minimum capital

Minimum capital or "minimum required capital" means the capital that must be constantly maintained by a stock insurance corporation as required by statute. Refer also to "permanent surplus" under Subsection (76)(a) and Sections 31A-5-211, 31A-8-209, and 31A-9-209.

Minimum capital. ’ means the minimum capital as provided for by the Bank of Italy from time to time for the issuance or maintenance of the Bank of Italy’s authorisation to carry on banking activities and as determined by the external auditors of the Issuer and certified in writing to the Issuer and the Paying Agents by two directors of the Issuer;

Minimum capital means, in the case where the foreigner is a juristic person registered in Thailand, a capital of a foreigner; and means, in the case where a foreigner is a juristic person not registered in Thailand or is a natural person, foreign currencies brought and used by foreigners at the commencement of the operation of businesses in Thailand;

Minimum capital for purposes of this Act means minimum equity capital of a non-bank financial institution;

Minimum capital means the financial position of a co-operative society whose institutional capital is equal to ten per cent of its assets and whose membership capital is equal to five per cent of assets, in keeping with sections

Minimum capital means the Subordinated Debt and/or equity required by Section 8.11.

Minimum capital means the minimum amount of capital of Mediobanca, as provided for by the Bank of Italy from time to time for the purposes of obtaining or maintaining the authorisation of the Bank of Italy to carry on banking activities, as determined by the external auditors of Mediobanca and certified in writing by two directors of Mediobanca.