National Bank of Rwanda definition

National Bank of Rwanda. (Banque Nationale du Rwanda) means the Recipient’s central bank.
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National Bank of Rwanda. (Banque Nationale du Rwanda) means the central bank of the Recipient, established and operating pursuant to the Recipient’s Law No. 55/2007 of July 30, 2007.
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National Bank of Rwanda or the acronym “BNR” means the Recipient’s central bank established and governed pursuant to Law No. 48/2017 of 23/9/2017.
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Examples of National Bank of Rwanda in a sentence

  • Data sources: Rwandan Credit Reference Bureau, National Bank of Rwanda.

  • After the onset of the global economic crisis, the Central Bank (the National Bank of Rwanda, NBR) cut its policy rate (the key repo rate or KRR) three times (since November 2009), to encourage economic activities.

  • The insurance sector is supervised by the National Bank of Rwanda.

  • Government institutions, such as the Rwanda Development Board, Rwanda Revenue Authority, National Bank of Rwanda, and Rwanda Bureau of Standards also play a key role in trade policy formulation and implementation.

  • Provide evidence of the opening of a Special Account in the Name of the Treasury with the National Bank of Rwanda.

  • In 2010, the National Bank of Rwanda (NBR) worked in partnership with private and public sector institutions, notably the national association of banks, the national association of microfinance institutions, insurance companies, and the Rwanda Development Board, with technical support from the USAID, to establish a private credit bureau.

  • The reference exchange rate is that of the National Bank of Rwanda, BNR, 14th September 2016, US$1 = FRW 850.

  • The Bank’s regulator National Bank of Rwanda (BNR) sets and monitors capital requirements for the Bank as a whole.

  • A single pooled designated account (DA) will be opened at the National Bank of Rwanda for both grants.

  • Transmit to the AfDB the bank references for a Treasury account with the National Bank of Rwanda.


More Definitions of National Bank of Rwanda

National Bank of Rwanda means the Recipient’s central bank established and governed pursuant to Law no.48/2017 of 23/9/2017.
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Related to National Bank of Rwanda

  • National bank means a national banking association

  • JPMorgan Chase Bank means JPMorgan Chase Bank, N.A. and its successors.

  • New York Banking Day means any day except a Saturday, Sunday or a legal holiday in The City of New York on which banking institutions are authorized or required by law, regulation or executive order to close.

  • Local Banking Day means a day (other than a Saturday or Sunday) on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in the place of presentation of the relevant Instrument or, as the case may be, Coupon.

  • UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

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

  • KeyBank means KeyBank National Association.

  • UK Financial Institutions means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • JPMorgan means JPMorgan Chase Bank, N.A.