Examples of 'licensed banks' in a sentence

Meaning of "licensed banks"

Licensed banks are financial institutions that hold valid licenses or charters to operate banking services and offer financial products to customers. These banks are regulated by government authorities and must comply with specific guidelines and requirements to ensure the safety, security, and legality of their banking operations. Customers can trust licensed banks to safeguard their deposits and provide reliable banking services

How to use "licensed banks" in a sentence

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licensed banks
Licensed banks provide a full range of services.
Local units refer only to licensed banks.
Licensed banks provide a full ranee of services.
Concerns licensed banks.
Licensed banks are required annually to submit their financial statements audited.
However, the number of licensed banks is also increasing.
Licensed banks Specialised credit granting institutions.
Information on use by individuals of money remittance services through the licensed banks / quarterly.
The number of licensed banks includes the branches of foreign banks in Sweden.
Moreover, it must be ensured that no unfair competition with licensed banks will be created.
In South Korea, only licensed banks and brokers can offer foreign exchange services.
Issuers, Central bank and licensed banks.
Licensed banks include privately owned domestic institutions, foreign-owned banks and branches and state-owned banks.
Foreign securities of licensed banks under ISIN / monthly.
Under the Banking Law, banking services may be provided only by licensed banks.

See also

Per the South African government, only licensed banks were allowed to take deposits.
Holders, Resident households and firms, including government and local authority deposits with licensed banks.
Local units of licensed banks 4.
However, some Member States limit the lending business to licensed banks.
Danish credit institutions are mainly licensed banks ( 196 ), although specialised credit granting institutions also exist 8.
Tanzania has a large but fragmented market, with 31 licensed banks operating.
And there are 1 25 licensed banks here in Hong Kong.
They are largely deposit taking and credit granting institutions, i.e. licensed banks.
Statement of changes in equity capital of licensed banks ( individual reports ) / monthly.

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