At a CEOs' Advisory Council meeting held in Dubai, the federation has approved the appointment of a new independent monitoring agency for the implementation of its "Code of Conduct" by member banks
B Chandrasekhar, CEO of Arab Financial Services said, "We are delighted to launch these new products for our member banks
and this further strengthens our position as the leader in the payment industry in MENA.
ADIF's member banks
serve 5,306,497 depositors, some 93 per cent (4,899,375 people) of which are the insured depositors.
The membership association form of organization for this operating entity enabled the member banks
to fund jointly the systems and other common infrastructure required for the credit card business to succeed, while permitting the member banks
to compete with each other for cardholders and merchants.
The Federal Reserve Board announced on June 9, 2005, the issuance of a consent order of assessment of a civil money penalty against the Bank of Pontiac, Pontiac, Illinois, a state member bank
It sold policies exclusively through the commonwealth's savings banks until 1992, when a new law allowed the system of 56 life insurance departments of member banks
to restructure into a closely held life insurance stock company with the current name.
More specifically, the association is contemplating arranging for member banks
to set up a joint company in charge of fully reimbursing deposits by local governments if a member bank
83-68 no longer represented the IRS's position on member banks
receiving stock dividends from an FHLB.
Our holding company consists of 65 member banks
throughout Texas, plus offices in Denver, New Orleans, New York and eight foreign countries.
In this way, JBA plans to offer this Fujitsu cloud service as one testbed environment to its member banks
and other institutions starting from October 2017.