Parent Bank definition

Parent Bank. , in relation to a bank, means a financial institution which is able to exercise a significant influence over the direction and management of the bank or which has a controlling interest in the bank;
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Parent Bank means Banknorth, National Association and any successor thereto.
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Parent Bank means a state or national bank which operates or has applied to operate a branch in this state;
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Examples of Parent Bank in a sentence

  • In addition to this, Bidders can also pay the EMD through Download of PDF format of RTGS Challan for respective Payment gateway and pay the EMD through their Parent Bank account.

  • There is no existing or potential, actual or legal obstacle to the reimbursement of liabilities between the Parent Bank and its subsidiaries.

  • The Parent Bank charge or pay cost of the services according to the service agreements done between the Parent Bank and its subsidiaries.

  • The purpose of activity of the Parent Bank is stated in articles of association as to perform all kinds of banking activities including acceptance of deposits.

  • Business line of the Parent Bank covers extending all kinds of cash and non-cash loans in Turkish Lira and foreign currency and carrying out capital market transactions, accepting deposits in TRL and FC and providing other banking services.


More Definitions of Parent Bank

Parent Bank has the meaning set forth in the preamble to this Agreement.
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Parent Bank has the meaning ascribed thereto in the recitals to this Agreement.
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Parent Bank means, with respect to any Bank, any Person controlling such Bank.
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Parent Bank. , in relation a Merchant Bank, means a bank (whether licensed in Singapore or not), of which the Merchant Bank is a subsidiary;
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Parent Bank means parent bank as defined in other legislation;30p
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Parent Bank has the meaning assigned in the Recitals.
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Parent Bank means a Foreign Bank as defined under sub-regulation (d) or an Indian Bank as defined under sub-regulation (f), or both, as the case may be, that intendsto, or has set up a Banking Unit;
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