Deposit Guarantee Fund definition

Deposit Guarantee Fund means the Deposit Guarantee Fund established by section 55;
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Deposit Guarantee Fund means the Sacco Deposit Guarantee Fund established by section 55 of the Act.
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Deposit Guarantee Fund means the SACCO Deposit Guarantee Fund established by PART 55 of the SACCO Act, 2008.
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Examples of Deposit Guarantee Fund in a sentence

  • Under the scheme, which covers a specified portfolio of assets with a gross value of €24,644 million at 31 July 2011, the Deposit Guarantee Fund (hereinafter, FGD) will bear 80% of losses on the portfolio for a period of ten years, once impaired allowances in respect of those assets, which amounted to €3,882 million at that date, have been fully applied.

  • Bank accounts are also insured by the State Deposit Guarantee Fund in the amount of $400,000.

  • Repayment of deposits is guaranteed by the Deposit Guarantee Fund (location: 15 Khorenatsi St., 0010, Yerevan, Elite Plaza Business Center)in accordance with the Law of the Republic of Armenia “On Guarantee of Remuneration of Bank Deposits of Individuals”.

  • Subject to the requirements of Armenian legislation, we have the right to share information about you, your accounts and your credit liabilities, upon request or at our own initiative, with other banks, credit organizations, credit bureaus and Deposit Guarantee Fund without giving prior notice to you.

  • The Investor Compensation Fund, the Bank Deposit Guarantee Fund and the Guarantee Fund under Art.

  • The CLIENT’s payment accounts are protected through the participation of the BANK in the Bank Deposit Guarantee Fund up to the amount and under conditions, according to the provisions of the Bank Deposit Guarantee Act, described in Chapter XIII of this document.

  • Bank accounts and the local government investment pool are also insured by the State Deposit Guarantee Fund in the amount of $400,000.

  • Once again there was a positive contribution to the income statement for the quarter from the other income, even excluding the impact of the payment to the Deposit Guarantee Fund made in the previous quarter.

  • Total operating expenses do not include the special levy or contributions to the Single Resolution Fund (SRF) or Deposit Guarantee Fund (DGF) and do not include any advisory or other restructuring costs.Maintaining a strong capital base has been a key priority for management over the past few years and this remains equally important for the Group going forward.

  • The Bank and other consolidated entities participate in the Deposit Guarantee Fund, National Resolution Fund or equivalent scheme in their respective countries.

Related to Deposit Guarantee Fund

  • Debt Service Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

  • Debt Service Account means the Debt Service Account for General Obligation Temporary Notes, Series 2017-1 (within the Bond and Interest Fund) created pursuant to Section 501 hereof.

  • Guaranty fund means the fund established by a local entity under Section 11-42-701.

  • government guaranteed bond means a bond of the Government of Canada or a bond unconditionally guaranteed as to principal and interest by the Government of Canada that is:

  • Debt Service Reserve Account shall have the meaning given to it in the Depository Agreement.

  • Revenue Account means the Revenue Account established pursuant to the Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • Custodial Account The separate account or accounts created and maintained pursuant to Section 4.04.

  • Debt Service Reserve Fund means the fund by that name established pursuant to the Second Resolution.

  • Collateral Deposit Account shall have the meaning set forth in Section 7.1(a).

  • Series Reserve Account means the Reserve Account for the Series of Bonds established in the Reserve Fund by Supplemental Indenture in an amount equal to the Series Reserve Account Requirement for such Series of Bonds.

  • Servicer Custodial Account The separate Eligible Account or Accounts created and maintained by the Servicer pursuant to Section 3.08(b).

  • Administrative fund means that Fund established by Section 6.1 and administered pursuant to Section 6.9.

  • Collection Account Agreement means an agreement substantially in the form of Exhibit VI among Originator, Seller, the Agent and a Collection Bank.

  • Cash Reserve Account means an Eligible Deposit Account established in the name of the Trust and designated as the Cash Reserve Account for the purposes hereof, the balance of which shall be subject to the control of the Trust for the benefit of the Trust and the Seller and applied in accordance with the terms hereof, which account shall bear interest and shall initially be account number [*], maintained at [*];

  • Note Account As defined in the Indenture.

  • Collateral Account Agreement means the Collateral Account Agreement executed and delivered by Company and Administrative Agent on the Closing Date, substantially in the form of EXHIBIT XXIII annexed hereto, as such Collateral Account Agreement may hereafter be amended, supplemented or otherwise modified from time to time.

  • Cash Management Account has the meaning set forth in Section 2.7(a).

  • Servicer Account means any account established by Servicer in connection with the servicing of the Mortgage Loans.

  • Custodial Accounts Each Custodial Account (other than an Escrow Account) established and maintained by a Servicer pursuant to a Servicing Agreement with respect to the Mortgage Loans.

  • Agency Account means any deposit account opened on the books of a Subcustodian or other banking institution in accordance with Section 7.1.

  • Agent Account means such account of the Administrative Agent in New York, New York as is designated in writing from time to time by the Administrative Agent to the Borrower and the Lenders for such purpose.

  • Spread Account Agreement means the Spread Account Agreement dated as of December 1, 1994, as amended and restated as of May 11, 1998 among the Insurer, the Seller and the Collateral Agent, as the same may be modified, supplemented or otherwise amended in accordance with the terms thereof.