Sentences with phrase «on depositors»

Directives 94/19, 77/80, 89/299 and 89/646 do not confer rights on depositors in the event that their deposits are unavailable as a result of defective supervision on the part of the competent national authorities, if the compensation of depositors prescribed by Directive 94/19 is ensured.»

The present environment is characterized by unusually overvalued, overbought, overbullish conditions, with rising 10 - year Treasury bond yields, heavy insider selling, valuations on «forward earnings» appearing reasonable only because profit margins are more than 70 % above historical norms (fully explained by the negative sum of government and personal savings as a share of GDP), with the S&P 500 at a 4 - year market high, in a mature market advance, with lagging employment indicators still positive but more than half of all OECD countries already in GDP contraction, Europe in recession, Britain on the cusp, and the EU imposing massive losses on depositors in order to protect lenders in an unstable banking system where Cyprus is the iceberg's tip.

The unexpected raid on depositors was, he continued, «a great way to encourage the mass migration of savings from weak banks in the Euro area to stronger banks somewhere else.»

No - it provides for a haircut on depositors that is being called a «stability levy» amounting to 9.9 % on deposits over 100,000 euros, and 6.75 % below that level, exchanging their deposits for shares of stock in those teetering banks.

We wouldn't be surprised if this were followed by additional restrictions on cash use in the future — probably right after the Greek banks have been recapitalized and the current restrictions on depositors are lifted (after they have been «haircut», alas).

I am using the expressions «in all but name» and «effectively» because legally, Cyprus is not defaulting or imposing losses on depositors.

Not exact matches

Those two factors spooked depositors, and effectively led to a run on the bank.

It would spook depositors in Spain, Portugal and Ireland, possibly provoking runs on their banks.

«The intention of all stakeholders,» he adds, «is to offer an environment where depositors can place their money without any risk or concern,» even if events beyond the bank's control lead to a run on its deposits.

They need to pay their investors — also called «depositors» — a fair return on their investment.

(The Monetary Authority keeps track of the amounts on deposit but not the identities of depositors.)

And therefore the fraud protections traditional bank depositors rely on are mostly unavailable.

Rather than telling prospective investors, depositors or others that they're worth, banks can use Enron - style «mark - to - model» accounting to say that their stock's book value is whatever in - house model - builders want to say they're worth, on whatever blue - sky assumptions they choose.

The main attraction of EverBank is high yields on savings products, and the lack of support facilities is understood by depositors.

On average, bank spreads — the difference between what depositors are paid and borrowers are charged — appear to have remained steady over recent years.

How they describe their product / innovation: MaxMyInterest is a new automated cash management solution that helps depositors earn more on their cash balances via their existing checking account and online savings accounts.

In both June and July, the Senate took testimony on what Wall Street has been doing with depositor money instead of making sound loans to sound businesses.

Recent events have highlighted the increasing willingness of governments and regulators to impose losses on bondholders and depositors.

Home Capital has suffered a run by depositors and seen its share price plunge by three - quarters since the Ontario Securities Commission on April 19 accused the company and three executives of making «materially misleading statements» to investors.

We have no minimum balance or monthly service fees on our high yield savings accounts and our accounts are FDIC - insured up to $ 250,000, per depositor for each ownership category.

First - time depositors are awarded a bonus of up to 100 %, depending on the account level and deposit amount.

«We had many experiences throughout the years where depositors in banks were «bailed - in» and forced to take on debt as opposed to their deposits»

And he should make large depositors and «savers» take the losses on their bad bets.

In an environment that saw Northern Rock and the Royal Bank of Scotland fail, Iceland's Commerce Ministry wrote to Clive Maxwell at Britain's Treasury on October 5 to assure him that the government would stand behind the TIF in reimbursing Icesave depositors in accordance with EU directives.

Some commentaries on whether it's time to buy value stocks, why Karl Marx is very wrong, and the controversial move to allow depositors to have crypto styled bank.

Britain and the Netherlands (as they acknowledge in the proposed agreement with which they confronted Icelandic negotiators on June 5, 2009) merely «informed» Icelandic authorities, without following the rules and consulting with them to get permission for their quick bailout of depositors.

If the Federal Reserve, for example, determined the reserve ratio to be 11 %, this means all banks must have 11 % of their depositors» money on reserve in the bank.

And they can't offer depositors a competitive rate of return on their deposits.

For lenders, such as banks and credit unions, cost of funds is determined by the interest rate paid to depositors on financial products, including savings accounts and time deposits.

Cyprus was forced to wind down one major bank and impose considerable losses on large depositors in a second bank in return for $ 10bn in aid from the International Monetary Fund and the European Union in a move that was devastating to both Cypriots and foreign investors.

The average person is surprised to learn that banks lend the same money out multiple times, which is why a run on a bank is inevitably a disaster, as no bank has on hand anything like the sum of what all its depositors have deposited.

As long as they keep a reasonable amount of currency on hand to pay depositors what they want to withdraw, they can lend the remainder repeatedly.

To produce in the quantities it does — Just Desserts» products are distributed nationwide and to Mexico, Canada and Southeast Asia — the company has to rely on a large - scale tunnel oven and automated depositors in its processes.

Italian confectionery supplier OPM Chocolate has developed a new chocolate depositor which claims to boost efficiency levels on moulding lines while delivering on accuracy.

World - leading gelatin producer Rousselot's new SiMoGel solution allows gummies produced on Baker Perkins ServoForm depositors to dry in minutes, rather than the 24 hours...

«The risk is quite high that you're facing because you are dealing with depositors» funds but you don't know who they (borrowers) are, and you don't know where they live, so we (government) basically said you need to at least put these fundamentals in place before you can really expect a sustainable decline in interest rates that can be driven by proper risk assessment through credit rating agencies and so on.

Some customers of DKM Microfinance in the Northern regional capital, Tamale, are seeking to place an interlocutory injunction on the payments of depositor claims scheduled for next week Monday, October 17, 2016.

In other words, it borrows money from depositors over the short term, promising to repay it on demand, while it lends most of that money out over the long term to borrowers, for instance in the form of 30 - year mortgages.

The FDIC makes all the banks pay a premium, and in exchange, whenever there's a run on a bank, the FDIC gives the bank money so that it can meet all its depositors» demands (at least up to a cap, like a hundred thousand dollars per account).

Some of the bankers told Sunday Vanguard that some of the depositors now trade or invest their dollar cash with Bureau de Changes, BDCs, where exchange rates and returns on investments are far higher, not minding the risks involved.

I saw a website on the Internet that the logl towns cultural school depositors speak 75 gunmen.

March 29, 2013 • New restrictions on big depositors are controversial, and there's no consensus on the efficacy of the country's strategy.

That's because something important is at stake — depositor and shareholder money — and it would be absurd to run a bank without measuring results closely and assessing people and programs on their contribution to the bank's solvency.

Although, some indexed CDs might enable a deceased depositor's survivors to redeem the full value early without paying a penalty, and sometimes you can sell the CD to other investors on the secondary market.

First - time depositors are awarded a bonus of up to 100 %, depending on the account level and deposit amount.

The insurance limit was permanently increased to $ 250,000 per individual depositor on September 17, 2010.

Buffett is saying that the depositors, in general, are expecting more returns on their deposits, and that the depositors to Illinois National are doing so even more.

Banks pay an interest rate on savings in order to attract depositors.

Interest Rate — An interest rate determines the amount charged by a lender to a borrower for the use of assets or the amount paid to a depositor on a savings accounts, like a CD.

Most of these types of accounts pay the depositor interest on money placed into these accounts.