The Bank of Greece has statutory authority to terminate the operating license of a credit institution for, among other things, maintaining insufficient capital, impeding supervision by any means, or violating legal provisions, decisions, or regulations set out by the banking supervisory authorities.

( a) issue a direction to a credit institution under section 28 of the Central Bank Act, 1989, and for that purpose the references in that section to "holder of a licence" and "holder" shall be construed as a reference to a credit institution within the meaning of these Regulations and the references to "banking business" and "banking" shall be construed as a reference to the taking of

banque, fr. It. banca, bench, teller's counter, fr. Germanic] Farlex Partner Medical Dictionary © Farlex 2012. bank. A central repository for something of value, for future withdrawal or retrieval.

Credit institution meaning

The asset value cannot be directly linked to oil. institute definition: 1. an organization where people do a particular type of scientific, educational, or social work, or…. Learn more.

The Amhara Credit and Saving Institution (ACSI): Institutional Profile, Current Status and Future Strategy How does Amhara Credit and Savings Institution plan to balance its goals of impact & sustainability? Download 23 pages.

a large and important organization, such as a university or bank: 2. a building where people…. Learn more.

Search credit institution and thousands of other words in English definition and synonym dictionary from Reverso. You can complete the definition of credit institution given by the English Definition dictionary with other English dictionaries: Wikipedia, Lexilogos, Oxford, Cambridge, Chambers Harrap, Wordreference, Collins Lexibase dictionaries, Merriam Webster

At their most basic, banks hold money on behalf of customers, which is payable to the customer on demand, either by appearing at the bank for a withdrawal or by writing a check to a third party.

"Eftersom" means "because" and can come either in the beginning or the The word ' only ' in this sentence should be replaced by ' as much as ', since the institution of the European Ombudsman is a very new concept for the Credit: NASA. No financial institution has been left out of pocket as a result of and nickel is expensive, meaning a relatively small amount of space in a ship The first subparagraph shall not apply to a credit institution authorised under Directive 2000 / 12 / EC in relation to deposits within the meaning of that Directive Choose between a debit card where the money is deducted directly from the account, or a credit card where you pay later.
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In the United States banks must be organized under strict requirements by either the Federal or a state government. Define credit institution. means an undertaking the business of which is to take deposits or other repayable funds from the public and to grant credits for its own account; An institution that provides a great variety of financial services.

In the accounting world, a credit is also a journal entry reflecting an increase in assets. Co-operative Credit in India: Meaning, Structure and Evaluation of Performance A credit union is a member-owned financial cooperative, democratically controlled by its members. credit institution meaning in Hungarian » DictZone English-Hungarian dictionary.
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OECD Statistics. Definition: (i) An undertaking whose business is to receive deposits or other repayable funds from the public and to grant credit for its own account; or. (ii) an undertaking or any other legal person, other than those under (i), which issues means of payment in the form of electronic money. Source Publication:

The interest in this facility is not charged on the borrowing limit, which is given by the bank but on the daily closing balance. One of the most economical sources of funding for farmers, co-operative credit facilitates credit to small- and medium-scale farmers. These short-term credits are extended by Primary Agricultural Credit societies or PACs.

institute definition: 1. an organization where people do a particular type of scientific, educational, or social work, or…. Learn more.

The bank credits a credit account to increase its balance, and debits a credit account to decrease its balance.

2020-09-17 · Bank credit ratings are one tool that consumers and investors can use to judge financial institutions, but they are not absolute measures of a financial institution's reliability. Unpredictable economic changes, or poor business practices, can cause even a highly-rated bank to go into default. A credit card number is usually 15-16 digits long, but it could be as many as 19 digits or as few as 13 in some cases. Each of these individual credit card numbers has meaning. And understanding the significance of each makes it easier to spot fraud, in addition to giving you an inside look at how credit cards work. ‘Credit card spending can be very expensive if balances remain uncleared or if credit limits are breached because of penalty charges.’ ‘I do my best to never exceed my credit limit, though there are months when it's been a close call.’ credit information definition: information about a person's or company's ability to pay debt, examined especially by banks before….