Development Bank definition

Development Bank means the Industrial Development Bank of India established under the Industrial Development Bank of India Act, 1964 (18 of 1964);

Development Bank means public sector development institutions (Förderinstitute) (such as LfA, KfW or similar institutions).

Development Bank means the Federated States of Micronesia Development Bank established by section 101 of this title.

Examples of Development Bank in a sentence

• Examples are the International Bank for Reconstruction and Development (commonly called the "World Bank"), the Asian Development bank and the Inter-American Development Bank.

• The Development Bank is a wholly owned subsidiary of the Bank and the board of management of the Development Bank is formed by two experienced employees from the Bank.

• In 2008, based on an amendment of the Export Guarantees Act, the Bank established, on behalf of the Republic, Oesterreichische Entwicklungsbank AG (Austrian Development Bank; the “Development Bank”), to be responsible for acquiring participations, granting loans and other financing measures and providing assistance, designed in agreement with the Ministry of Finance, to developing countries in establishing private industry.

• The Entity applied the following assets as security for loans agreed under the Global Credit Program for micro, small and medium enterprises granted by the Inter-American Development Bank (IDB).

• If the funds in the repayment reserve account are insufficient to pay off the debts, the lender has the right to deduct the funds in any other account opened by the borrower in each branch of Shanghai Pudong Development Bank Co., Ltd.

More Definitions of Development Bank

Development Bank means the Industrial Development Bank of India established under sub-section (1) of section 3 of the Industrial Development Bank of India Act, 1964 (18 of 1964);

Development Bank means a bank that is the International Bank for Reconstruction and Development, the International Finance Corporation, the Council of Europe Development Bank, the European Bank for Reconstruction and Development, the European Investment Bank, or the European Investment Fund;

Development Bank means a banking institution which qualifies as such pursuant to the provisions of the Borrower’s Law No. 67-51, dated December 7, 1967, setting forth the regulation of the banking profession, as the same may be amended from time to time;

Development Bank means a bank licensed by the Central Bank, which accept the deposits with terms exceeding one year and financing of specific economic sectors at terms consistent with the terms of the resources collected by such banks or funds provided by the Government;.

Development Bank means the Borrower’s Romanian Bank for Development (Banca Romana de Dezvoltare), established and operating pursuant to the Borrower’s Decision No. 1178, dated Novem- ber 2, 1990;

Development Bank means the Borrower’s Development Bank as established by the Development Bank of Solomon Islands Act of 1977 [CAP 50];

Development Bank means a bank licensed by the Central Bank under this Law to carry on development banking business.