Commercial Bank in a sentence

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Importantly, shares of Energy Commercial Bank can still be purchased at any branch of Energy Commercial Bank Limited, UBA, Zenith Bank, UMB, Ecobank Ghana, IC Securities Ghana Limited and any licensed dealing member of the Ghana Stock Exchange.

The four major banks—Bank of China, Agricultural Bank of China, Industrial and Commercial Bank of China, and China Construction Bank—all carried bad debts totaling more than one-thirds of their capital fund.

That same bank, Chinese Commercial Bank, opened a bank branch in Xiamen—then known as Amoy—in China’s Fujian province in 1925.

IFC, a member of the World Bank Group, is providing a loan of up to $30 million to City Bank, a leading private commercial bank in Bangladesh, to financing small and medium enterprises and corporate companies affected by the Covid-19 pandemic.

In 1964, he helped found, with Harlem businessman Dunbar McLaurin, Freedom National Bank—a black-owned and operated commercial bank based in Harlem. citation He also served as the bank's first Chairman of the Board.

In 2004, the largest commercial bank in Albania—then the Savings Bank of Albania—was privatised and sold to Raiffeisen Bank of Austria for US$124 million.

Two of the four largest banks, the Kenya Commercial Bank (KCB) and the National Bank of Kenya (NBK), are partially government-owned, and the other two are majority foreign-owned (Barclays Bank and Standard Chartered).

Those commercial banks are to encourage import because the only person who can borrow money from a commercial bank and pay it back is a trader who goes to China, Dubai buys goods, sells them quickly and pays the loan back.

Although Mr Ughamadu confirmed some commercial banks with the corporation’s monies were yet to complete the remittance of the dollar deposits to the TSA, he denied any funds were ‘hidden’ in any commercial bank.

A banker at the Beijing branch of a commercial bank said about 20 percent of existing clients had applied to prepay mortgages and his bank had stretched the approval process to about half a year.

And as demonstrated in this article, it is the expansion of central bank credit, not commercial bank credit, which undermines currency values on a non-cyclical basis.

And by being prepared, we were able to do the acquisition of First Republic and only that, onboard thousands and thousands of clients coming for those banks, in the private bank, in the commercial bank, in a small business.

Mutual Trust Bank Ltd. (MTB) is a Bangladesh-based private commercial bank.

News Investigators/ Access Bank Plc, one of Nigeria’s largest commercial bank’s has brokered a deal for the acquisition of the Standard Chartered’s majority shareholding in its subsidiaries in Angola, Cameroon, The Gambia, and Sierra Leone.

The Bank is a full-service commercial bank.

BOJ board member Naoki Tamura, a former commercial bank executive, has been the most vocal advocate of an early exit from negative rates, signalling in August last year that the bank could take such action by March 2024.

Mr Nartey Botchway has also held executive roles in Ghana Commercial Bank (GCB) Bank PLC and Citi Savings and Loans.

Mozambique LNG’s project financing includes direct and covered loans from eight export credit agencies (ECAs), 19 commercial bank facilities, and a loan from the African Development Bank, Total said in a statement.

On Thursday, S&P Global Inc. downgraded Germany's second-largest commercial bank, Commerzbank AG, to BBB+ from A-, and revised Deutsche Bank's outlook to negative from stable.