Examples of Finance Group in a sentence
Although the J&T Finance Group does not have ownership, the entities are included in its consolidated financial statements because the Group has the right to obtain the majority of benefits arising from the entities’ activities.
This category includes J&T Finance Group, a.s., its shareholders, and those of its subsidiaries which are included in its consolidated financial statements by reason of majority ownership.
Finance Group – ensures appropriate operating procedures are in place for the City Deal Infrastructure Delivery fund and prepares quarterly finance monitoring reports for submission to the Executive.
The UAE is a participant in the Counter-Islamic State Finance Group chaired by Italy, Saudi Arabia, and the United States.
The entities with special relationship include clients with whom the J&T Finance Group has signed an agreement on profit participation (i.e. the J&T Finance Group would be entitled to a share in any profit arising from a project of the client that was financed by the Bank).
Under these agreements, the J&T Finance Group provides the entities with structuring and project management expertise and, in exchange, is eligible to receive a significant portion of any profits generated by these entities over the course of a project.
The Bank engages in transactions with clients that have entered into profit-sharing agreements with the J&T Finance Group.
After Yukos’ attempts to enjoin the sale of YNG by legal recourse in the United States failed, YNG was sold at auction on 19 December 2004 for USD 9.37 billion to sole bidder and newly incorporated entity, Baikal Finance Group (“Baikal”), which was quickly bought by Russian State-owned Rosneft (“Rosneft”).
The above is merely assumed for the purpose of determining the annual caps and shall not be regarded as any indication, directly or indirectly, as to the revenue, profitability or trading prospects of the XM Group or the Xiaomi Finance Group.
Also, as the holding company of a finance group (the Santander Consumer Finance Group, “the Group”), the Bank manages and handles the investments in its subsidiaries.