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Central Bank of India was one of the first banks in India to issue credit cards in the year 1980 in collaboration with Visa. [citation needed] On its 108th Foundation day, Central Bank of India launched its first step towards robotic banking, a robot named "MEDHA". CBI is one of twelve public sector banks in India that was recapitalised in 2009.
CBI Bank & Trust, formerly known as Central State Bank, is a community bank based in Muscatine, Iowa. It is a subsidiary of Central Bancshares, Inc., a bank holding company that is also based in Muscatine.
The Central Bank of Iraq ( CBI; Arabic: البنك المركزي العراقي) is the central bank of Iraq. It was established in 1947, the same year in which the British occupation of Iraq was ended. CBI's primary objectives are to ensure domestic price stability and foster a stable competitive market based financial system.
A central bank, reserve bank, national bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union. [1] In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Many central banks also have supervisory or regulatory powers to ensure the stability of commercial banks in their ...
The CB Bank was established on 21 August 1992 with the permission of the Central Bank of Myanmar. It started as a small bank with 33 employees and has around 7000 in 2016. In 2004, it became a public company. [5] The CB Bank's head office is located in the Botahtaung township area of Yangon . CB Bank heaquarter at Yangon.
The State Bank of Pakistan has other fully owned subsidiaries as well: National Institute of Banking and Finance, the training arm of the bank providing training to Commercial Banks, the Deposit Protection Corporation, and ownership of the Pakistan Security Printing Corporation. [6]
The next year, 1987, BoI took over the three UK branches of Central Bank of India (CBI). CBI had been caught up in the Sethia fraud and default and the Reserve Bank of India required it to transfer its branches. In 1994, BoI acquired Bank of Karad in a rescue under the directions of the Reserve Bank of India.
Shetab ( Persian: شتاب, lit. 'Acceleration'), officially the Interbank Information Transfer Network (Persian: شبکه تبادل اطلاعات بین بانکی ), is an electronic banking clearance and automated payments system used in Iran. The system was introduced in 2002 with the intention of creating a uniform backbone for the ...
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