Search results
Results from the WOW.Com Content Network
The Bank of Jamaica (Jamaican Patois: Bangk a Jumieka) is the central bank of Jamaica located in Kingston. It was established by the Bank of Jamaica Act 1960 [ 3 ] and was opened on May 1, 1961. It is responsible for the monetary policy of Jamaica on the instruction of the Minister of Finance .
1971 The State Bank of Bangladesh was founded by nationalization of the private shares in the eastern section of the State Bank of Pakistan. [4]1972-1974 Through this three years period after independence of Bangladesh in 1971, the government had taken over 786 industrial undertakings.
Reprivatization refers to the process of restoring properties seized or otherwise nationalized from privately held owners by a government to privately held status. This may include returning seized property or compensating uncompensated former owners, or reprivatizing state held enterprises to new owners, especially banks, which were privately founded but came under state control due to ...
Brian Wynter OJ (born in Jamaica, 1959) is a Jamaican banker and financial regulator, who is notable for his work with the Financial Services Commission (FSC). [1] In October 2009, it was announced that he would assume the position as Governor of the Bank of Jamaica on 1 December 2009.
Union Bank of Jamaica This page was last edited on 9 March 2020, at 02:47 (UTC). Text is available under the Creative Commons Attribution-ShareAlike 4.0 ...
Main page; Contents; Current events; Random article; About Wikipedia; Contact us; Pages for logged out editors learn more
A key question is what to pay for the assets. For example, a bank may believe an asset, such as a mortgage-backed security with a claim on cash from the underlying mortgages, is worth 50 cents on the dollar, while it may only be able to find a buyer on the open market for 30 cents. The bank has no incentive to sell the assets at the 30 cent price.
Fed chief Bernanke argued fairly strongly in his appearance before the Senate committee on banking yesterday that it would not be desirable or necessary to nationalize any of America's banks.