Joint-Stock Bank

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Joint-Stock Bank

A bank that issues stock and requires shareholders to be held liable for the company's debt. In other words, a joint stock bank combines features of a general partnership, in which owners of a company split profits and liabilities, and a publicly-traded company, which issues stock that shareholders are able to buy and sell on an exchange. A joint-stock bank is not owned by a government.
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References in periodicals archive ?
The Vietnam Maritime Commercial Joint Stock Bank (Maritime Bank) is among the few banks whose shareholders are not ready for listing.
Saigon Hanoi Commercial Joint Stock Bank (SHB) recently took a US$20 million loan for a term of five years from Russia's International Investment Bank and a 20 million euro loan under a credit agreement framework with Russian International Bank for Economic Cooperation.
Ho Chi Minh and Tokyo, Oct 16, 2018 - (ACN Newswire) - Nam A Commercial Joint Stock Bank (Nam A Bank), a major commercial bank in Vietnam, and JCB International Co.
Hanoi-based Military Commercial Joint Stock Bank (MB) is to partner the firm in the initiative.
The pub is housed in the grade II-listed former Joint Stock Bank in Temple Row West and even has its own small theatre upstairs which regularly hosts plays and other live performances.
It has revised the Support Rating Floors of Military Joint Stock Commercial Bank (Military Bank) and Asia Commercial Joint Stock Bank (ACB) to 'B-' from 'NF'.
The group, also known as EVN, auctioned 40 million shares of An Binh Joint Stock Bank (ABBank) and unloaded all its shares in the An Binh Securities JSC besides cutting its stake at EVN Finance JSC from 40 per cent to 15 per cent.
aACAo Military Commercial Joint Stock Bank (Military Bank; B3 deposits,
WHAT?: Formerly the Old Joint Stock Bank, this imposing Victorian Grade II listed building, opposite St Philip's Cathedral, has elaborate features both internally and externally.
Kapitalbank was established in May 2000 in the form of a private joint stock bank.
Kien helped founded the Asia Commercial Joint Stock Bank, or ACB, one of Vietnam's largest banks, and his arrest has precipitated turmoil in the company's operations, despite its effort to completely sever ties with Kien.
Network solutions provider Cisco (Nasdaq:CSCO) reported today the implementation of Cisco technologies and solutions in retail banking at SeABank, a commercial joint stock bank based in Vietnam.
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