rediscounting


Also found in: Financial.
Translations

rediscounting

References in periodicals archive ?
Other Credits, which comprise 64.93 percent of total rediscounting loans, pertain to bank loans for Capital Asset Expenditures (40.27 percent), Loans to Other Services (20.56 percent), Permanent Working Capital (4.05 percent) and Housing Loans (0.05 percent).
Rediscounting is a privilege of a qualified bank to obtain loans or advances from the BSP using the eligible papers of its borrowers as collateral.
Rediscounting is one of the Bangko Sentral ng Pilipinas' (BSP) standing credit facility and enable banks to liquidate and refinance loans using securities as collaterals.
This constitutes as sufficient evidence to find that respondent had some involvement in the business of rediscounting checks as a 'recruiter of third-party investors,'' the Court held.
The bank also resolved to again raise credit to CNY 100 B for relending and rediscounting based on the circumstances of small and medium-sized financial institutions that assist small and micro-sized firms and private companies.
The report said these mainly comprise of borrowings from foreign correspondent banks, loans from multilateral agencies and rediscounting of foreign documentary bills purchased by the banks.
Headquartered in Singapore, Acudeen was founded in 2016 to facilitate the rediscounting of receivables to help small businesses.
In line with the implementation of the BSP's Interest Rate Corridor (IRC) system which adjusted the BSP interest rates effective 03 June 2016, the Peso Rediscount Facility rates are as follows for Rediscounting Windows (RWs) I and II, effective on even date:
BOAD's access to the rediscounting facility of the Central Bank of West African States (BCEAO) makes additional funds available to it.
The first five months of the year recorded total rediscounting availment of commercial, thrift and rural banks of PHP15.47m, which is PHP6m lower than last year's figures for the same period.
It provides direct finance to the MSME sector by way of term loans, working capital facilities, discounting / rediscounting bills of exchange, etc., and provides refinance to primary lending institutions like banks, SFCs and state industrial development corporations (SIDCs), etc.