"Labor's deposits in the savings banks are only a sort of reserve fund
that is consumed as fast as it accumulates.
There should also be a succeeding increase of P0.05/MT per year for five years for both MWT fees' reserve fund
Learn how many owners are delinquent and how much is in a reserve fund
. The reserve fund
should have enough money to replace aging equipment, mechanical systems, and maintain common areas.
SSS has hired local fund managers to manage P7 billion of its investment reserve fund
(IRF) over two years to boost its financial standing.
Omanas State General Reserve Fund
(SGRF) owned a 30 percent stake in Corpbank, which was Bulgariaas fourth largest lender before collapsing in 2014 following a bank run.
With more than $2.4 million in its general assistance reserve fund
, Maine Township could have gone more than 2 1/2 years without adding additional tax revenue and maintained its current level of spending.
Pursuant to the contract, the pledged revenues include the debt service payments, bond reserve fund
payments and any interest income earned on monies or investment securities held in the bond fund or bond reserve fund
by ONAAbdul Salam bin Mohammed Al Morshedi, CEO of the State General Reserve Fund
. - Supplied Picture
In accordance with the order, Azerbaijan's State Tourism Agency will receive 1.2 million manats from the Presidential Reserve Fund
envisaged in the state budget for 2018.
The session approved audited consolidated financial statement of the Future Generations Reserve Fund
for the fiscal year ending December 31, 2017, and decided to refer it to the legislature.
In a circular, noted that 'prior to now, dividend payout policy for banks has been as stipulated in Section 16(1) of BOFIA 2004 (as amended) and Prudential Guidelines for DMBs of 2010, which state that 'Every Bank shall maintain a reserve fund
and shall, out of its net profits for each year (after due provision for taxation) and before any dividend is declared, where the amount of the reserve fund
is less than the paid-up share capital, transfer to the reserve fund
a sum equal to but not less than 30 percent of net profits or equal to or in excess of the paid-up share capital, transfer to the reserve fund
a sum equal to but not less than 15 percent of the net profit; provided that no transfer under this subsection shall be made until all identifiable losses have been made good.