Sentence examples for compulsory deposit from inspiring English sources

Commercial banks and most other deposit-taking financial institutions must raise their compulsory deposit reserves by 1 percentage point, to 7percentt of their total deposits, effective Sept. 21, the People's Bank of China announced over the weekend.

The Household Medical Saving Account HMSAA) is one of these packages and, as its name suggests, some of the insured contribution (for example, 7 15 Yuan per capita per year, accounts for 40 70% of the premium) is a compulsory deposit in the HMSA.

In China, the renminbi from commercial banks' compulsory deposits have been the central bank's main source of money in buying $2.65 trillion worth of foreign reserves.

In addition, there are microfinance institutions which may require compulsory deposits as a prerequisite to providing loans.

The commission wants tougher sanctions, including the possibility of suspending E.U. funding to budget sinners and forcing governments that do not cut their deficits sufficiently in boom years to hand over a compulsory interest-bearing deposit.

During hospitalization of sick neonates, a compulsory and initial deposit of ₦1,500 (US$9) is paid to the hospital account department and a receipt is issued.

But savers across the Cypriot banking sector are being forced to contribute to the deal through a compulsory levy on their deposits that will raise €5.8bn.

Creating records and attaching data lineage information are the only compulsory steps of the depositing process.

The first, low interest rates, didn't work because borrowers could not afford the 20% deposit – but a compulsory pension scheme for workers forced everyone to save money that the government decided should be used for a down-payment on a new home.

Subsection (d)(2) directs cable systems whose secondary transmissions have been subject to compulsory licensing under subsection (c) to deposit with the Register of Copyrights a semi-annual statement of account.

It remains to be seen if there would be a demand for such a product.9 The second case is where e-currency would replace all sight deposits, i.e., it would be compulsory to use central bank e-money instead of sight deposits at commercial banks.