State-Owned Bank definition

State-Owned Bank means any financial institution in which the Borrower has an ownership interest;
Sample 1

Examples of State-Owned Bank in a sentence

  • Treasury Designates Iranian State-Owned Bank for Facilitating Iran’s Proliferation Activities,” U.S. Treasury, May 17, 2011 (http://www.treasury.gov/press-center/press-releases/Pages/tg1178.aspx).

  • Additional incriminating circumstances; these circumstances are set out of Article 2 of the Eradication Law 3.2 Criminal Liability of State-Owned Bank on Non-performing LoansCriminal Responsibility or Criminal Liability is applied to determine whether a suspect or a defendant may be subjected to a criminal or penal sanction, and whether the errors or mistakes made are deliberateness or 1 Syarif Arbi, Op.Cit, Hlm 127-1302 Mahrus Ali, Op.Cit., hlm.

  • Corporations cannot be subject to rights and individuals, but are treated as if they are human.2Criminal elements of State-Owned Bank liability for corruption committed, it refers to the provisions of Article 2 of the Corruption Eradication Act.

  • Led by a Director.The State-Owned Bank as a Limited Liability Company is attached the definition of the Limited Liability Company itself.

  • The objective will be do discuss the challenges of State-Owned Bank (SOB) restructuring in Myanmar and alsoidentify and build consensus around next steps for reform.

  • State-Owned Bank is a bank with a capital ownership of more than 51% obtained from separated state finances.

  • Thus, it cannot be concluded that the state suffers losses due to non-performing loans if there is no lack of capital, state property, on the basis of lack of money, securities, and real and definite goods as a result of the unlawfulness of non-performing loans disbursement.Regarding the analysis of the unlawful act (wederrechteljikheid), the distribution of non-performing loans by the State-Owned Bank may contain these following elements;1.

  • Hence The State-Owned Bank has better loan quality management than privately owned banks.

  • How the Nation's Only State-Owned Bank Became the Envy of Wall Street." Mother Jones.

  • Kobayashi T, Orendurff M, Hunt G, … LLM engineering &, 2017 undefined.

Related to State-Owned Bank

  • State-owned enterprise means an enterprise, including any subsidiary, in which a Party, directly or indirectly:

  • Immediate owner means an entity, other than the offeror, that has direct control of the offeror. Indicators of control include, but are not limited to, one or more of the following: ownership or interlocking management, identity of interests among family members, shared facilities and equipment, and the common use of employees.

  • Securities Intermediary The meaning specified in Section 8-102(a)(14) of the UCC.

  • Wholly-Owned Affiliate has the meaning specified in Rule 2 of Regulation RR.

  • Indirect Ownership Interest means an ownership interest in an entity that has an ownership interest in another entity. Indirect ownership interest includes an ownership interest in an entity that has an indirect ownership interest in another entity.

  • recognised institution means an institution of higher learning recognised by the University;

  • State institution means a mental health institute, as defined in s. 51.01 (12), a center for the developmentally disabled, as defined in s. 51.01 (3), or a secure mental health facility at which persons are committed under s. 980.06.

  • Ineligible Institution has the meaning assigned to such term in Section 9.04(b).

  • Certificate Owner With respect to a Book-Entry Certificate, the Person who is the beneficial owner of such Book-Entry Certificate.

  • State bank means any bank incorporated pursuant to the provisions of this chapter after January 1, 1970, and any “state bank” incorporated pursuant to the laws of this state and doing business as such on January 1, 1970, or a bank organized as a limited liability company or a mutual corporation under this chapter.

  • Financial institution means a Bank, Development Finance Institution, Non Banking Finance Company, Modaraba or an institution registered under relevant laws to provide financial services within or outside Pakistan.

  • Clearing Corporation The meaning specified in Section 8-102(a)(5) of the UCC.

  • Applicable Ownership Interest means, with respect to the Treasury portfolio,

  • Citizens means Citizens Bank, N.A.

  • Regulated Bank means an Approved Commercial Bank that is (i) a U.S. depository institution the deposits of which are insured by the Federal Deposit Insurance Corporation; (ii) a corporation organized under section 25A of the U.S. Federal Reserve Act of 1913; (iii) a branch, agency or commercial lending company of a foreign bank operating pursuant to approval by and under the supervision of the Board of Governors under 12 CFR part 211; (iv) a non-U.S. branch of a foreign bank managed and controlled by a U.S. branch referred to in clause (iii); or (v) any other U.S. or non-U.S. depository institution or any branch, agency or similar office thereof supervised by a bank regulatory authority in any jurisdiction.

  • Wholly-Owned Investment Sub means an entity (i) that is wholly-owned8 by a Regulated Fund (with such Regulated Fund at all times holding, beneficially and of record, directly or indirectly, 95% or more of the voting and economic interests); (ii) whose sole business purpose is to hold one or more investments on behalf of such Regulated Fund (and, in the case of a SBIC Subsidiary (defined below), maintain a license under the SBA Act (defined below) and issue debentures guaranteed by the SBA (defined below)); (iii) with respect to which such Regulated Fund’s Board has the sole authority to make all determinations with respect to the entity’s participation under the Conditions to this Application; and that (iv) (A) would be an investment company but for Section 3(c)(1), 3(c)(5)(C), or 3(c)(7) of the Act, (B) relies on Rule 3a-7 under the Act, or (C) qualifies as a REIT within the meaning of Section 856 of the Code because substantially all of its assets would consist of real properties. The term “SBIC Subsidiary” means a Wholly-Owned Investment Sub that is licensed by the Small Business Administration (the “SBA”) to operate under the Small Business Investment Act of 1958, as amended, (the “SBA Act”) as a small business investment company.

  • Beneficial Ownership Interest means the right to receive payments and notices with respect to the Bonds held in a Book Entry System.

  • Approved Securities Intermediary means a Securities Intermediary or Commodity Intermediary selected or approved by the Administrative Agent and with respect to which a Grantor has delivered to the Administrative Agent an executed Control Account Agreement.

  • Qualified Depository A depository the accounts of which are insured by the FDIC through the BIF or the SAIF and the debt obligations of which are rated AA or better by Standard & Poor's Corporation.

  • Wholly Owned Subsidiary of any Person means a Subsidiary of such Person all of the outstanding Capital Stock or other ownership interests of which (other than directors' qualifying shares) shall at the time be owned by such Person or by one or more Wholly Owned Subsidiaries of such Person and one or more Wholly Owned Subsidiaries of such Person.

  • Designated Bank means any bank designated by Lender as a Designated Bank, but only for as long as Lender has an agreement under which Lender receives Depository Benefits from that bank.

  • credit institution means a credit institution as defined in point (1) of Article 4(1) of Regulation (EU) No 575/2013;

  • Clearing means the clearing and removal of vegetation, whether partially or in whole, including trees and shrubs, as specified;

  • Depository The Depository Trust Company, or any successor Depository hereafter named. The nominee of the initial Depository for purposes of registering those Certificates that are to be Book-Entry Certificates is Cede & Co. The Depository shall at all times be a "clearing corporation" as defined in Section 8-102(a)(5) of the Uniform Commercial Code of the State of New York and a "clearing agency" registered pursuant to the provisions of Section 17A of the Securities Exchange Act of 1934, as amended.

  • stateless person means any person who does not hold a nationality;

  • Authorized Bank Account means any Officially Designated bank account to which redemption proceeds may be sent.