Monetary Board definition

Monetary Board means the Monetary Board of the Central Bank of Sri Lanka established under the Monetary Law Act (Chapter 422);

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Monetary Board means the Monetary Board established under the Monetary Law Act;

Monetary Board means the Monetary Board of the Central Bank;

Examples of Monetary Board in a sentence

In banking, the Monetary Board shall ensure that at all times seventy per cent (70%) of the resources or assets of the Philippine banking system is held by domestic banks which are at least majority-owned by Filipinos.
Refusal or failure to settle the loss within the time prescribed herein will entitle the Insured to collect interest on the proceeds of the policy for the duration of the delay at the rate twice the ceiling prescribed by the Philippine Monetary Board, unless such failure or refusal to settle is based on the ground that the claim is fraudulent.
Banks, financial groups, and other entities of financial intermediation approved by the Monetary Board of the SIB will have access exclusively for credit analysis.
Failure by the Member to reimburse Kaiser within thirty (30) days from date of request by Kaiser to the Member will entitle Kaiser to collect interests for the duration of the delay at the rate of twice the ceiling prescribed by the Monetary Board.
Some, such as Uganda, have specific guidelines for agent banking; the Monetary Board in the Philippines issues circulars relating to the out- sourcing of banking functions.

More Definitions of Monetary Board

Monetary Board means the Monetary Board of the Central Bank of Sri Lanka;

Monetary Board means the Borrower’s agency responsible for the monetary, exchange and credit policies of the country and the oversight of the liquidity and soundness of the banking system as set forth in Article 133 of the Constitution and operating pursuant to the provisions of Legislative Decree No. 16-2002 (Ley Orgánica del Banco de Guatemala) effective on June 1, 2002.

Monetary Board means the Monetary Board of the Central Bank of Sri Lanka ; “Ordinance” means the Local Treasury Bills Ordinance (Chapter 417) ;

Monetary Board means the Monetary Board of the Central Bank of Ceylon constituted under section 8 of the Monetary Law Act;

Monetary Board means the Cook Islands Monetary Board established under the Cook Islands Monetary Board Act 1981;

Monetary Board means the policy making body of BSP as defined in Article II of Republic Act No. 7653 otherwise known as the New Central Bank Act;

Monetary Board means the Junta Monetaria de Guatemala;