Commercial Bank definition

Commercial Bank means a bank, defined as a scheduled bank under section 2(e) of the Reserve Bank of India Act, 1934.

Commercial Bank means a state or national bank or trust company which is a member of the Federal Deposit Insurance Corporation (or any successors thereto) and of the Federal Reserve System, which has a capital and surplus of $10,000,000 or more, and which is located within the United States of America.

Commercial Bank means a state or national bank or trust company which is a member of the Federal Deposit Insurance Corporation.

Examples of Commercial Bank in a sentence

• IN CONSIDERATION OF DHANLAXMI BANK LTD, a duly incorporated Scheduled Commercial Bank being governed by the provisions of the Banking Regulation Act, 1949, having its registered Office at Dhanalakshmi Buildings, Naickanal, Thrissur, and Corporate Office at Punkunnam, Thrissur, Kerala State in India and having a branch office among other places at………………………………………………………………..

• It is responsible for carrying out monetary policy as determined by the People’s Bank Law and the Commercial Bank Law; ‘‘PRC’’ the People’s Republic of China, which for the purpose of this announcement, excludes Hong Kong, the Macao Special Administrative Region and Taiwan; ‘‘RMB’’ Renminbi, the lawful currency of the PRC; ‘‘Share(s)’’ the ordinary share(s) of HK$0.01 each in the share capital of the Company; ‘‘Shareholder(s)’’ holder(s) of the issued Shares; ‘‘Shougang’’ Shougang Group Co., Ltd.

More Definitions of Commercial Bank

Commercial Bank means a state or national bank or trust company which is a member of the Federal Deposit Insurance Corporation and which is located within the United States; and such term includes, without limitation, any “trust bank” as herein defined.

Commercial Bank means a state or national bank or trust company which is a member of the federal deposit insurance corporation, including without limitation any "trust bank" as defined in this section.

Commercial Bank means a corporation organized for the purpose of engaging in the commercial banking business.

Commercial Bank means a financial institution with assets of at least $1,000,000,000, and which accepts demand and time deposits and extends credit in the ordinary course of business.

Commercial Bank means a bank as defined in section 1 of the Banks Act, 1965 (Act 23 of 1965);

Commercial Bank means a banking institution that conducts banking business in Zimbabwe and whose business mainly consists of the acceptance of deposits withdrawable by cheque or otherwise;

Commercial Bank means a bank ac- cepting demand deposits.