Banking Institutions Act definition

Banking Institutions Act means the Banking Institutions Act, 1998 (Act No. 2 of 1998);
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Banking Institutions Act means the Banking Institutions Act, 1998 (Act No. 2 of 1998); “Board” means the Board of the Bank referred to in section 4 of the Bank of Namibia Act; “Body” means the Payment System Management Body established in terms of section 3; “business day” means any day other than a Saturday, Sunday or public holiday;
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Banking Institutions Act means the Banking Institutions Act, 2023 (Act No. 13 of 2023);
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Examples of Banking Institutions Act in a sentence

  • Application of Companies Act, Banking Institutions Act, 1998, and other laws5.

  • Authority for the Bank to issue this Determination is provided in section 71(3) of the Banking Institutions Act, 1998 (Act).

  • The NSX Code CGP, ISIN NA000A1T6SV9 and abbreviated name Cap Group will remain unchanged.The proposed name of Capricorn Group Limited has been reserved by the Registrar of Companies and approved by the NSX in terms of paragraph 16.27 of the NSX Listing Requirements and Bank of Namibia in terms section 54(1)(d) of the Banking Institutions Act.

  • The Bank of Namibia (the Bank) has the mandate, in terms of the Banking Institutions Act, 1998 (Act No. 2 of 1998), as amended (the Act), to authorise banking institutions or controlling companies to enter into a merger.

  • The Bank of Namibia (the Bank) has the mandate, in terms of the Banking Institutions Act, 1998 (Act no.

  • Investment securities and other investments (continued)GROUP 2003N$ ’000TotalHeld for tradingOriginated Availablefor sale Treasury bills274 07371 213345 286Other government and government guaranteed stock 5 113 5 113 Banking operations274 07376 326350 399 N$523.8 million (2003: N$350.4 million) of the financial instruments held for trading form part of the Group’s liquid asset portfolio in terms of the Banking Institutions Act of Namibia.

  • Regulatory environmentWe have maintained and deepened our excellent relationships with the Bank of Namibia, the Namibia Financial Institutions Supervisory Authority, the Namibian Stock Exchange, the Ministry of Finance and the South African Reserve Bank.A determination issued under the Banking Institutions Act of 1998 has helped combat terrorist financing and money laundering in Namibia.

  • Material changes in the entries for this application, such as discontinuing operation or bankruptcy, or change of name (DBA17), change of address, telephone, fax number or e-mail address must be reported immediately by a letter to the CPUC, Director of the Communications Division, 505 Van Ness Avenue, San Francisco, CA 94102.

  • Commercial banks are registered under the Banking Institutions Act No. 2 of 1998 and are regulated by the Bank of Namibia.

  • Authorization for the Bank to issue this Determination is provided in Section 71(3) of the Banking Institutions Act, 1998(“Act”), as amended.


More Definitions of Banking Institutions Act

Banking Institutions Act means the Banking Institutions Act, 1998 (Act No. 2 of 1998), and any subsequent amendments thereto;
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Banking Institutions Act means the Banking Institutions Act, 1998 (Act No. 2 of 1998); "Board" means the Board of the Bank established in terms of section 9;
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Related to Banking Institutions Act

  • banking institution means a bank, bank and trust company, trust company, savings bank, private bank, or a national banking association, organized and doing business under the provisions of any law of this state, or of any other state of the United States, or under the provisions of any law of the United States of America.

  • Banking Act means the UK Banking Act 2009, as amended.

  • UK Financial Institutions means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • International banking institution means an international financial institution of which the United States is a member and whose securities are exempt from registration under the Securities Act of 1933.

  • foreign financial institution means an institution registered as a foreign financial institution with the Ministry of Finance in the Mexican Banking and Financial Institutions, Pensions, Retirement and Foreign Investment Funds Registry for purposes of Article 195, Section I of the Mexican Income Tax Law.

  • educational institutions means schools and suchlike institutions;

  • Financial Institutions has the meaning set forth in the preamble in this Agreement.

  • UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • your financial institution means the financial institution nominated by you on the DDR at which the account is maintained.

  • Bank Act means the Bank Act (Canada);

  • Training Institution means the Grantee.

  • Australian Corporations Act means the Corporations Xxx 0000 (Cth) of Australia.

  • Qualifying Institution means the United States office of a commercial bank or trust company organized under the laws of the United States of America or a political subdivision thereof, or a foreign bank, having assets $10,000,000,000 (net of reserves) and a credit rating on its long-term senior unsecured debt of at least "A" from S&P and "A2" from Moody's.

  • Educational institution means a University or any educational institution recognized by the State Government, a University or other competent authority;

  • EEA Financial Institution means (a) any credit institution or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or (c) any financial institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent.

  • State educational institution means an institution enumerated in Article 12, Section 11 of the constitution of New Mexico;

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

  • Federal banking agencies means the Board of Governors of the Federal Reserve System, the Comptroller of the Currency, the Director of the Office of Thrift Supervision, the National Credit Union Administration, and the Federal Deposit Insurance Corporation.

  • Banks Act means the Banks Act, 1990 (Act No. 94 of 1990);

  • Federal banking agency means the Board of Governors of the Federal Reserve System, the Comptroller of the Currency, the Director of the Office of Thrift Supervision, the National Credit Union Administration and the Federal Deposit Insurance Corporation;

  • Municipal Finance Management Act means the Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003);

  • Canadian financial institution means (i) an association governed by the Cooperative Credit Associations Act (Canada) or a central cooperative credit society for which an order has been made under section 473(1) of that Act, or (ii) a bank, loan corporation, trust company, trust corporation, insurance company, treasury branch, credit union, caisse populaire, financial services cooperative, or league that, in each case, is authorized by an enactment of Canada or a jurisdiction of Canada to carry on business in Canada or a jurisdiction of Canada;

  • banking company means a banking company as defined in clause (c) of section 5 of the Banking Regulation Act, 1949 (10 of 1949);

  • International Financial Institution means any bank in the top 1,000 (together with their affiliated companies) as measured by "Tier 1" capital or any broker/dealer in the top 100 as measured by capital.

  • Lending institution Any insurance company, federally insured commercial or savings bank, national banking association, savings and loan association, credit union, employees’ welfare, pension or retirement fund or system, corporate profit sharing or pension trust, college or university, endowment fund, real estate investment trust, or other institutional lender or financial enterprise, including, without limitation, any corporation qualified to be treated for federal tax purposes as a real estate investment trust, having a net worth of at least $50,000,000 acting on its own behalf or as agent on behalf of other Lending Institutions.

  • regulated financial institution means a state or nationally chartered bank, savings and loan association or savings bank, credit union, trust company, or other state or federally chartered lending institution or a regulated affiliate or regulated subsidiary of any of these entities.