Not exact matches
The 81 - year - old government - run financial
institution, known as the Ex-Im
Bank, provides much - needed to support to exporters through
guaranteed loans and credit insurance, and
by its own reckoning, it has returned $ 7 billion to the U.S. Treasury over the last 20 years.
Despite more than paying for itself —
by its own reckoning, Ex-Im
Bank has returned $ 7 billion to the U.S. Treasury in the last two decades through interest on
guaranteed loans and credit insurance — the 80 - year - old government - run financial
institution is a sunset agency.
My reading of the episode is that the extraordinary financial events of September and October 2008 — several large financial failures, large - scale rescues of major
institutions, enough incipient systemic concerns about
banking systems to lead governments to issue
guarantees, investor panic on share markets — were all observed in real time
by households and businesses right around the world.
«Such an
institution should also present a financial
guarantee being provided
by a
Bank, an Insurance Company, and a Church, among others, to ensure completion of enrolled...
Deposit accounts with non-U.S. financial
institutions offered through U.S.
Bank are not deposits of U.S.
Bank and are not insured
by the FDIC or
guaranteed by any governmental agency or authority, or
by U.S.
Bank.
Certified Check: A certified check is
guaranteed by a
bank or financial
institution.
Fund shares are not
guaranteed or endorsed
by any
bank or other insured depository
institution, and are not federally insured
by the Federal Deposit Insurance Corporation.
The guarantor could be a commercial
bank, credit union, brokerage firm, or other financial
institution that is a member of a medallion signature
guarantee program approved
by the Securities Transfer Association and the SEC.
There are two main types of mortgages: a conventional loan
guaranteed by a private lender or
banking institution, or a government - backed loan.
The HSBC World Selection Portfolio service and the HSBC Pooled Funds are not
guaranteed or covered
by the Canada Deposit Insurance Corporation, HSBC
Bank Canada, or any other deposit insurer or financial
institution.
Fixed rate investment options issued
by corporations (BA) and
banks (BDN),
guaranteed by the issuing financial
institution:
Financial
guarantee insurance also competes with other forms of credit enhancement, including senior - subordinated structures, credit derivatives, over-collateralization, letters of credit and
guarantees (for example, mortgage
guarantees where pools of mortgages secure debt service payments) provided
by banks and other financial
institutions, some of which are governmental agencies or have been assigned the highest credit ratings awarded
by one or more of the major rating agencies.
Instead, it helps guard against default
by guaranteeing a suite of low - interest options administered
by a network of
banks and lending
institutions.
Signatures may be
guaranteed by any eligible guarantor
institution (including
banks, brokers and dealers, credit unions, national securities exchanges, registered securities associations, clearing agencies and savings associations).
An officer or other employee of a
bank, trust company, or credit union, who is expressly authorized
by the
institution to certify or
guarantee signatures.
Process
by which a
bank or other financial
institution guarantees a signature in the request for payment on a savings bond, reissue, or other request relating to savings bonds.
Investments are not FDIC - or NCUA - insured, are not
guaranteed by a
bank / financial
institution, and are subject to risks, including possible loss of the principal invested.
As it turns out, these companies» exploration activities are being supported
by international financial
institutions — and in particular, the private sector arms of the World
Bank Group: the International Finance Corporation (IFC) and the Multilateral Investment
Guarantee Agency (MIGA).
Significant matters / transactions include: Advised Xstrata South Africa (Proprietary) Limited on its offer to purchase Lonmin plc's entire issued share capital, # 5 billion Advised Telkom SA Limited on its unbundling of a 35 % stake in Vodacom Group (Proprietary) Limited, R35 billion Advised Edgars Consolidated Stores Limited on its acquisition
by Bain Capital, R25, 5 billion Advised The Standard
Bank of South Africa Limited and FirstRand
Bank Limited (acting through its Rand Merchant
Bank division) on the introduction of BEE equity participation in Sasol Limited and their arranging financing therefore, R25, 4 billion Advised FirstRand
Bank Limited (acting through its Rand Merchant
Bank division) and Nedbank Limited (acting through its Nedbank Capital division) as lenders to Richards Bay Titanium (Proprietary) Limited and Richards Bay Mining (Proprietary) Limited, R19 billion Advised Citibank N.A. on a bridge loan granted to Turquoise Moon Trading 427 (Proprietary) Limited
by Citibank N.A. and JP Morgan Chase, R10 billion Advised British American Tobacco plc on its secondary listing on the JSE, R550 billion Advised Pioneer Foods Limited on its listing on the JSE Securities Exchange, R6 billion Advised the South African National Roads Agency Limited in respect of the Gauteng Freeway Improvement Project involving the construction and upgrade of the Gauteng freeway and the procurement of an open road tolling system, R44 billion Advised Absa
Bank Limited (acting though its Absa Capital division), FirstRand
Bank Limited (acting through its Rand Merchant
Bank division) and Vunani Capital (as co-lead arrangers) and the South Africa National Roads Agency Limited (as issuer) on the establishment of its South African
Guaranteed Domestic Medium Term Note Programme and the subsequent issue of notes thereunder, R32 billion Advised Shoprite Checkers (Proprietary) Limited on the proposed Brait Private Equity private equity buy - out (this did not proceed), R12 billion Advised Reclamation Holdings (Proprietary) Limited and various shareholders on the acquisition
by Capitalworks Private Equity SP GP (Proprietary) Limited and Old Mutual Life Assurance Company South Africa Limited of a 20 % equity stake in Reclamation Holdings (Proprietary) Limited from various shareholders, R511 million Clients include: Multinationals, listed companies, financial
institutions, entrepreneurs and Government
Gold Bars - Minted
by RBI at designated mints, these are
guaranteed to be pure and these are available through the selected
banking institutions only.
The core essence of «trust» — created today with government
guarantees, physical vaults, behemoth balance sheets to make
institutions seemingly «too big to fail», and layer upon layer of regulatory framework enforced
by «zillions» (yes I know its not a real number and not an accurate one, but there's no way for me to count the bodies spending time making
banks function) of people leading very exciting lives holding a gigantic ball of water in the air — is likely on the front edge of a very big wave of foundational change.