Licensed Commercial Bank definition
Licensed Commercial Bank means a licensed commercial bank within the meaning of the Banking Act, No. 30 of 1988 ;
Licensed Commercial Bank means a bank licensed under the Banking Act No. 30 of 1988 as amended from time to time to carry on banking business as defined in that Act.
Licensed Commercial Bank or “Bank” shall mean a public company duly incorporated in Sri Lanka or abroad which has received a banking license from the Monetary Board of the CBSL with the approval of the Minister in charge of the subject of Finance, under Section 5 of Banking Act No. 30 of 1988 as may be amended.
Examples of Licensed Commercial Bank in a sentence
The Bank is a Licensed Commercial Bank carrying out banking operations; WHERAS The Merchant is engaged in the business of ……………………………………… …………….…………………………………………………………….
More Definitions of Licensed Commercial Bank
Licensed Commercial Bank means a company or a body corporate licensed under Part I of the Banking Act, No. 30 of 1988 to carry on banking business in Sri Lanka;
Licensed Commercial Bank means a Licensed Commercial Bank within the
Licensed Commercial Bank means a bank licensed under subsection (4) of section 2 of the Banking Act, No. 30 of 1988;
Licensed Commercial Bank means a licensed commercial bank, to which a licence in terms of section 5 of the Banking Act, No. 30 of 1988 has been issued by the Monetary Board with the approval of the Minister assigned the subject of Finance;
Licensed Commercial Bank means, a commercial bank licensed under the Banking Act, No. 30 of 1988 as amended ;
Licensed Commercial Bank means a Licensed Commercial Bank within the meaning of Banking
Licensed Commercial Bank means a public company licensed to carry on banking business under the Banking Act, No.30 of 1988;