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In 2006, the bank became involved in a scandal because the director and his predecessor were accused of illegal financial transactions. [1] In 2016, the bank suffered a major loss, partly due to irresponsibly large loans to the Surinamese government. In November 2017, the Central Bank of Suriname warned of a bank run on De Surinaamsche Bank.
The Central Bank’s tasks were legislated in the Bank Act of 1956. Like other central banks, it is the principal monetary authority of the country. Other tasks include the promotion of the value and stability of the currency of Suriname, the provision of money circulation, the safeguarding of private banking and credit union activities ...
The depositor acquires a claim against the bank for the sum deposited but not to the actual cash handed over to the bank. In accounting terms, the bank creates ("opens") an account in the name of the depositor or a name directed by the depositor in which the amount received is recorded as a transaction .
BI – Business intelligence; BIC – Bank identifier code; bldg. – Building; BLS – Balance sheet; BOM – Bill of materials; BPO – Business process outsourcing; BPR – Brief project report; BPV – Bank payment voucher; BRD – Business requirements document; BRU – Business recovery unit; BRV – Bank receipt voucher; BTW – By the ...
TymeBank is a South African digital bank aimed at the lower income market. [1] [2] Headquartered in Rosebank, Johannesburg, TymeBank does not have any physical bank branches and relies on an Android banking App, and Internet Banking site and a partnership with two retail chains, Pick n Pay and Boxer, to host a national network of self-service kiosks that facilitate the account opening process.
SpareBank 1 Sør-Norge (OSE: SB1NO), formerly SpareBank 1 SR-Bank and SpareBank 1 Sørøst-Norge, is a Norwegian bank and lender [1] with 36 offices from Bergen in the west to Oslo in the east, with head office located in Stavanger. [2] As of 2019, the bank has more than 1,250 employees with its subsidiaries. [3]
Producers Bank today is the result of several business combinations in the last twenty one (21) years that involved twenty four (24) banking institutions, including the following: In July 2019, the bank took over Banco Dipolog when it acquired ninety-nine point ninety-eight percent (99.98%) stock from owning company PBCom. [1]
Sierra Leone Commercial Bank (SLCB) is a Sierra Leone commercial bank. It is one of the commercial banks licensed by the Bank of Sierra Leone, the country's central bank and national banking regulator. [1] It serves large corporations, small and medium enterprises, and individual customers. It is operated and managed by indigenous Sierra Leonians.