Bank Certificate

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Bank Certificate

Documentation confirming balances a bank owes or is owed on a certain date.
References in periodicals archive ?
Liquidity management operations through the issuance of central bank certificates of deposits have aimed at smoothing changes in liquidity conditions.
According to Moody's estimates, "the banks' overall exposure to government credit risk (including investments in government securities, and Central Bank certificates of deposits and nonreserve placements with the Central Bank) stood at around 4.
According to Osama El-Menilawy, assistant general manager of the financial sector at a private bank operating in Egypt, private banks are not going to increase the interest rates on their bank certificates unless the National Bank of Egypt (NBE) and Banque Misr (BM) increase their interest rates first.
The ministry also pointed out that specialists at the ministry checked the authenticity of bank certificates of some companies, in cooperation with the banking sector, and found a number of fake bank statements.
According to Moody's estimates, the banks' direct exposure to government credit risk (investments in government securities and central bank certificates of deposits) stood at around 2.
Recall, if you will, the pundits who six years ago bemoaned falling stock prices and advised investing in "safe" Treasury bills or bank certificates of deposit.
A senior officer in a private bank on condition of anonymity said a variable interest rate moves up and down based on factors including changes in the rate paid on bank certificates of deposit or treasury bills.
The new online service, which was initiated on March 1, will be beneficial mainly to banks and will resolve the problem of forged bank certificates and those with mistakes in names on them.
com report observes also low and declining rates for bank certificates of deposit:
The decrease since 2011-end reflects, mainly, the maturity and sales of Government Bonds and Qatar Central Bank Certificates of Deposits offset by investment in Qatar Central Bank Treasury Bills.
Money market funds typically invest in government bills, very short-term bank certificates and other loans that are highly rated liquid which means the assets can be turned into cash quickly - and offer daily redemption.
However, this rating is still limited by asset concentrations due to Byblos Bank's significant investments in government securities and central bank certificates of deposits (CDs).