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 ?
Queallypulledthemare widebutstillfoundtrouble andalatechargedownthe outsidejustfailed.Sure, theycalledaphotoin Irelandbut OTB knewhe wasbeatandwascursing thatlittlevoiceofhopein hisbrainthatkeptsaying 'maybe,justmaybe'.
Charles Acut, a 43 year old citizen of the Philippines is thankful to Dubai Shopping Festival for bringing market OTB. "It gives a great chance to young entrepreneurs, like myself, to showcase our passion and great ideas and share with the lovely Dubai residents and tourists."
Every year the OTB committee opens its doors to industry experts who have an expressed interest in making their views heard.
OTB felt that the horse would be backed on the day, it had been nibbled at the night before, but fastforwarding through the prelims, it was staggering to see 9-4 on the boards.
It was signed by Dr Shawqi Khoori, CEO of Rashid Hospital and Karl Schmidt, general manager, OTB, in the presence of senior DHA officials including Khalid Al Sheikh Mubarak, the deputy director-general of the DHA.
"We exported a lot of tea following a good output," OTB's head of exports, Remy Ndayininahaze, told Reuters.
"While other Indian airlines - like Jet Airways and Kingfisher - claim they do not have any OTB requirements, Air India Express strictly goes by the clearance, without which passengers are not allowed to board the plane at the port of embarkation," Pathak said.
However, Winchester Model 70s didn't really start regaining the reputation of being OTB accurate again until very recently, with the advent of the FN-made Model 70s.
BANKING AND CREDIT NEWS-7 April 2010-S&P affirms BBB- credit rating on Brinker on OTB brand sale(C)1994-2010 M2 COMMUNICATIONS http://www.m2.com
Don Barberino, marketing director of Autotote, the licensed operator of off-track betting systems in Connecticut, had hoped to open the facility six to eight weeks after residents voted overwhelmingly in favor of allowing OTB to be established in September.
While not all OTB outposts are in prime locations, some are in retail hotspots or on the edges of up-and-coming neighborhoods.
Scientific Games (Nasdaq:SGMS), an integrated supplier of instant tickets, systems and services to lotteries, has announced that it signed two new contracts with Nassau Regional Off-Track Betting Corporation (Nassau OTB).