State Development Bank definition
State Development Bank means the Madhya Pradesh State Co-operative Agriculture and Rural Development Bank Limited, registered or deemed to be registered under the Madhya Pradesh co-operative societies Act, 1960 (no. 17 of 1961) ;
State Development Bank or “SDB” means the Recipient’s State Development Bank, established under the Cabinet of Ministers’ Resolution No. 286 dated May 31, 2022, and operating pursuant to the Law of the Kyrgyz Republic on the State Development Bank of the Kyrgyz Republic No. 161 issued on August 09, 2012; or any successor thereto as agreed in writing with the Association; and for the purpose of Article V and Article 8.02 of the General Conditions, the “Project Implementing Entity”.
Examples of State Development Bank in a sentence
The interest thereon shall be determined according to the interest rate quoted by the State Development Bank for the loan of similar term.