SBIF definition

SBIF means the Chilean Bank and Finance Superintendency (Superintendencia de Bancos e Instituciones Financieras);
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SBIF means Superintendencia de Bancos e Instituciones Financieras, the Superintendency of Banks and Financial Institutions of the Borrower;
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Examples of SBIF in a sentence

  • The supply of financial services that complement core banking services may be provided directly by these institutions, with prior authorisation from the SBIF, or through subsidiaries which the SBIF shall determine.

  • No national or foreign, natural or legal, person may acquire directly or through third parties shares in a bank which, alone or added to the shares such a person already possesses, represent more than 10 per cent of the bank's capital without having first obtained the authorisation of the SBIF.

  • In addition, the partners or shareholders of a financial institution may not transfer a percentage of rights or shares in their company in excess of 10 per cent without having obtained authorisation from the SBIF.

  • Financial leasing services are regarded as complementary banking services and, consequently, the SBIF is empowered to extend or restrict the operation of the financial leasing services which these institutions may offer, and these institutions may only offer the services expressly authorised by the SBIF.

  • On the other hand, the inspection of rating agencies with respect to the rating of securities issued by banks and financial companies is the responsibility of the Superintendencia de Bancos e Instituciones Financieras, SBIF (Superintendency of Banks and Financial Institutions).

  • The contribution of shares into Itaú Chile Holdco shall be approved by the SBIF as a change in the corporate entity through which the control of Itaú Chile is exercised pursuant to the provisions set forth in Article 36 of the Chilean Banking Law.

  • The definitions of “related” and “group” for these purposes are determined by the SBIF.

  • If and only if the conditions set forth in Article 5 have been satisfied or waived and, among such conditions, each Chilean Bank Party has obtained a resolution from the SBIF approving the Chilean Merger and the respective amendment to CorpBanca’s by-laws and containing an abstract of the amendments to the by-laws of CorpBanca caused by virtue of the Chilean Merger, the Itaú Chile shall be merged with and into CorpBanca.

  • Part B: Technical Assistance Execution of a technical assistance program designed to strengthen the regulatory capabilities of SBIF, FOGADE, the Borrower’s Banco Nacional de Ahorro y Prestamo (BANAP), Comision Nacional de Valores (CNV) and SCS, as shown below.

  • For these purposes the fact that the SBIF does not authorize the operation or contracting of the services contracted in this document shall be attributed to Produban.

Related to SBIF

  • SBIC means a small business investment company licensed under the SBIC Act.

  • PEBB program means the program within the HCA that administers insurance and other benefits for eligible employees (as described in WAC 182-12-114), eligible retired employees (as described in WAC 182-12-171 and 182-12-180), eligible survivors (as described in WAC 182-12-180, 182-12-250, and 182-12-265), eligible dependents (as de- scribed in WAC 182-12-250 and 182-12-260) and others as defined in RCW 41.05.011.

  • Software Program means the software program used by a Fund for providing Fund and account balance information including net asset value per share. Such Program may include the Lion System. In situations where the Lion System or any other Software Program used by a Fund is not available, such information may be provided by telephone. The Lion System shall be provided to Insurance Company at no charge.

  • aepaccmeצc means the department of health and human

  • Michigan strategic fund means the Michigan strategic fund as described in the Michigan strategic fund act, 1984 PA 270, MCL 125.2001 to 125.2094.