Examples of Corp Group Banking in a sentence
The execution, delivery and performance by Corp Group Banking of the Corp Group Pledge Agreement to which it is a party and the consummation of the transactions contemplated thereby by it have been duly and validly authorized by all necessary corporate action.
Corp Group Banking has the corporate power and authority necessary to execute, deliver and perform its obligations under the Corp Group Pledge Agreement to which it is a party and to consummate the transactions contemplated thereby.
At the Closing, (i) Corp Group Parent and Itaú Parent shall enter into the Shareholders Agreement, (ii) Corp Group Parent and CorpBanca shall enter into the Registration Rights Agreement and (iii) Interhold, Corp Group Banking and Itaú Parent shall enter into the Corp Group Pledge Agreements.
Prior to the Chilean Effective Time, Itaú Parent may elect to form or cause to be formed Itaú Holdco, a new company ( sociedad por acciones) organized under the laws of Chile and wholly-owned directly or indirectly by Itaú Parent to hold Itaú Parent’s shares of CorpBanca Common Stock or it may hold such shares through one or more of its wholly owned subsidiaries (any such companies, collectively, “Itaú Holding Company” and, together with Corp Group Banking and SAGA, the “Holding Companies”).
In addition, some of the most important domestic mixed-activity conglomerates (e.g. Luksic, Saieh and Matte) already have holding companies that could, with relatively few adjustments, serve the FHC purpose (i.e. LQ Inversiones Financieras, Corp Group Banking and Bicecorp respectively).52 Several alternative consolidation techniques exist – see, for example, the Basel Committee on Banking Supervision (ibid, 2001) and ‘Consolidated Supervision of Banks’ by McDonald (Bank of England, 1998).
Also notice that Corp Group Banking SA expresses its intention to exercise the right of first refusal that under the law applicable in the legal period of first refusal.
Ownership structure As of December 31, 2013, CorpBanca was controlled by Corp Group Banking S.A. and other companies related to Mr. Alvaro Saieh and his family: Stock Holder% of Total Share Capital Corp Group Banking S.A.45.2593%Cía.
Press release announcing that Corp Group Banking S.A., Compania Inmobiliaria y de Inversiones Saga Ltda.
List of major shareholders The movement of shares during 2010 is as follows: Common Stock N° of Shares Share % Corp Group Banking S.A.112,530,207,59149.59260%Compañía Inmobiliaria y de Inversiones Saga Limitada19,764,285,4128.71021%SG Inversiones Bancarias Limitada8,282,189,1063.65000%SN Holding S.A5,413,342,2662.38569%Banco de Chile por cuenta de Terceros5,189,038,0232.28683%Cía.
BIS Ratio (%) – TIER I Ratio (%) 14.516.113.212.612.412.99.511.18.29.48.98.69.46.7Dec-11 Dec-12 Dec-13 Sep-14 Dec-14 Sep-15 ItaúCorpBanca E BIS Ratio (%) TIER I Ratio (%) * Estimated by CorpBanca IV) Ownership Structure and Share Performance Ownership structure As of September 30, 2015, CorpBanca was controlled by Corp Group Banking S.A. and other companies related to Mr. Alvaro Saieh and his family: Stock Holder% of Total Share CapitalCorp Group Banking S.A.43.73%Cía.