OTB


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OTB

Overseas Trust Bank. A bank in Hong Kong that was, at one time, one of the largest in the country. In 1985, it suddenly collapsed due to bad debt, much of which was caused by criminal misdealing among its senior management. The day following the announcement, the Hong Kong government nationalized OTB. It has since been sold a number of times.
References in periodicals archive ?
Charles Acut, a 43 year old citizen of the Philippines is thankful to Dubai Shopping Festival for bringing market OTB.
Through market OTB, other DSF events, and Dubai initiatives, we are also providing young and new entrepreneurs a platform to showcase their products and talents.
Even though the horse drifted back to a more reasonable 10-3, OTB was sat on the soon-to-beupgraded sofa wearing an extremely self-satisfied grin.
A little history: In February, after Mayor Michael Bloomberg said the city would have to start subsidizing OTB because it wasn't getting enough money back from its revenue-sharing formula with the state, the OTB's board of directors voted to shut down the organization's 72 operations in the five boroughs.
OTB chose the latter path and acquired a new dance facility--the Behnke Center for Contemporary Performance.
OTB has a proven track record for helping Fortune 100 companies build lines in the solar, electronics and industrial arenas by providing production equipment and technologies that enable manufacturers to expand their businesses while realizing efficiencies and cost reductions.
The OTB is accessed via a 600 m long and 50 m wide ramp structure, which must also be covered by the construction work insurance.
In addition, OTB will also offer CoronaRitas(TM), a House Margarita infused with an ice cold Coronita, specially priced for $5 on February 21 and 22.
Market OTB (Outside the Box) is literally a concept that sells sustainable and environment-friendly products, 'outside the box', or in this case inside a shipping container.
This year's annual OTB Xtrail will take place on 4 August at Heja Lodge Game Farm, east of Windhoek.
OTB was on the right end of the Lincoln plunge but the wrong end of the result in the re-run race, having been one of the 'lucky' ones not to have their bet voided, and then following a misplaced belief that the horse would redeem himself, backed Bertie at Newbury in the Spring Cup.