Betekenis van:
banking company
banking company
Zelfstandig naamwoord
- geldverlenende instelling
- a financial institution that accepts deposits and channels the money into lending activities
Synoniemen
Hyperoniemen
Hyponiemen
Voorbeeldzinnen
- All the usual banking collateral that was available in the company was also to be transferred.
- On 1 August 2005 BAWAG spun off its entire banking operations and passed them to a new company, BAWAG-PSK.
- Law 350/2003 provided that the substitute capital gain taxes on the realignments of such gains were 12 % and 9 %, respectively for dual realignments (realignment of both the assets held by the banking company and the stocks received by the banking holding) and single realignment (only the assets held by the banking company are realigned).
- permit the public entities exercising a banking activity (essentially retail banking) to transform their legal form into that of a joint-stock company, considered a more appropriate form for a commercial activity;
- A founder of a banking company shall be a natural person resident in the European Economic Area or a foreign bank.
- For example, limited duration or withdrawability were not a necessary and indispensable feature of silent partnerships either under company law or under banking supervision law.
- Its influence on management decisions will be limited to those cases in which action is necessary under German company law or the Banking Act (Gesetz über das Kreditwesen).
- SE A founder of a banking company shall be a natural person resident in the European Economic Area or a foreign bank.
- ING will create a new company for divestment in the Netherlands, which will be carved out from its current Dutch retail banking business.
- Blackstone is a private merchant-banking company based in the U.S., active mainly in financial advisory services, private equity investment and property investment.
- Finally, Article 2(26) of Law 350/2003 provided that the realignment scheme foreseen by Article 17 of Law 342/2000 could also apply to the realised but unrecognised gains relative to the assets concerned with the banking reorganisations pursuant to Law 218/1990, still resulting from the company’s accounting at the date of 31 December 2003. Law 350/2003 provided that the substitute capital gain taxes on the realignments of such gains were 12 % and 9 %, respectively for dual realignments (realignment of both the assets held by the banking company and the stocks received by the banking holding) and single realignment (only the assets held by the banking company are realigned).
- The Commission agrees here with Germany's view that the limited duration or withdrawability of a silent partnership contribution is, neither from the company law nor banking supervision points of view, a necessary characteristic feature for the recognition of a silent partnership as core capital pursuant to Section 10(4) of the German Banking Act.
- ING is composed of ING Groep N.V. (‘ING Group’), the mother holding company that controls 100 % of ING Bank N.V. and ING Verzekeringen N.V., and two sub-holding companies controlling banking and insurance subsidiaries respectively.
- As to the special nature of the tax neutral regime for such banking reorganisations, this was justified by the fact that at that time there was no general scheme to ensure neutrality of company reorganisations and contributions of business branches.
- This is not an anodyne difference, for Italy, as many of the assets historically contributed to the newly formed banking companies in the '90s consisted of company participations being exempt following the above-described 2003 tax reform.