Sentence examples for withdrawn funds from inspiring English sources

The withdrawn funds will be counted as income, and subject to tax.

BOI's position has deteriorated – tens of thousands of its mortgage customers have been plunged into negative equity and depositors have withdrawn funds.

LONDON -- The Swiss bank UBS announced plans Wednesday to cut 7,500 jobs after it said it expected a loss of about 2 billion Swiss francs, or $1.8 billion, for the first quarter and said clients had withdrawn funds.

Under the IMF's worst-case scenario roughly, a doubling of the share of non-performing loans over the next three years losses on these portfolios would erase another quarter of the Cypriot banks' capital.The banks, somewhat heroically, extol the benefits of close ties to Greece, as nervous Greek savers have withdrawn funds en masse from teetering local institutions and parked them in Cyprus.

On a larger scale, any concerted redemption of a country's bank deposits (assuming the withdrawn funds are not simply redeposited in other banks) can altogether destroy an economy's banking system, depriving it of needed means of exchange as well as of business and consumer credit.

No one is hiring, tax revenues are collapsing as people have cut down on spending, banks are finding it harder to get people to service their debts and there have been mini bank runs as people have withdrawn funds – an estimated €20bn since December.

In Lewisham, the council has withdrawn funding from five of its 12 libraries.

From this October the AHRC has withdrawn funding for master's students.

Philip Jones, a spokesman for the United Way of America, said 24 chapters out of 1,400 have withdrawn funding based on the decision.

Britain and Denmark have withdrawn funding for Iran's drug interdiction programs due to opposition to its use of the death penalty.

At 70, investors must begin withdrawing funds from their 401Ks.