Sentence examples for bank requirement from inspiring English sources

According to Mr. Gallagher, the bank requirement became law in 2006 as a curb to money laundering.

Some 98percentt of his mortgage customers in the water-ravaged areas of New Orleans carried flood insurance on their property, a bank requirement for any borrower in the flood plain.

Revlon generated $51.2 million in earnings before interest, taxes, depreciation and amortization in the quarter, meeting an important bank requirement of $45 million, said Al Alaimo, an analyst with Bank of America Securities.

Foreigners can obtain financing through Scottish banks, providing their finances meet bank requirements.

Nonbank Loans WHO USES IT Seasonal businesses, microbusinesses and other businesses that cannot meet bank requirements.

Mortgage brokers say that bank requirements seem to change week to week and vary greatly from bank to bank.

The more important firm, Mr. Tarullo said, should therefore hold capital equal to 20 percent to 100 percent more than the recently heightened banking requirements known as Basel III, which requires banks to maintain capital equal to 7 percent of assets.

And family firms will have to meet banks' requirements for accounting and corporate governance.

These include tougher supervision of banks, requirements on them to hold more capital, and curbs on lending to specific sectors such as housing.

Based on the new Basel III banking requirements, which are being phased in over the coming years, the capital strength of the two large Swiss banks was "below average for international big banks," the central bank said.

REUTERS   UniCredit Offering Weighs on Its Shares  |  UniCredit of Italy, seeking to raise capital to comply with new banking requirements, offered existing shareholders a significant discount on new stock on Wednesday, sending its shares tumbling.