Examples of using Minimum reserves in English and their translations into Slovak
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An institution with establishments in more than one Member State is required to hold minimum reserves with the national central bank of each Member State in which it has an establishment,
as further regulated in Regulation ECB/ 2003/9 of 12 September 2003 on the application of minimum reserves( 4).
( 11) Such criteria were published in a notice entitled« Notice of the European Central Bank on the imposition of sanctions for breaches of the obligation to hold minimum reserves», OJ C 39 of 11 February 2000, page 3.
requires credit institutions to hold minimum reserves on accounts with the Eurosystem.
( 88) Such criteria were published in a notice in the Official Journal of the European Communities on 11 February 2000 entitled« Notice of the European Central Bank on the imposition of sanctions for breaches of the obligation to hold minimum reserves».
the ECB may require credit institutions established in Member States to hold minimum reserves on accounts with the ECB and national central banks in pursuance of monetary policy objectives.
( 81) Such criteria were published in a notice entitled« Notice of the European Central Bank on the imposition of sanctions for breaches of the obligation to hold minimum reserves»( OJ C 39, 11.2.2000, p. 3).
According to the first sentence of Article 19.1 of the ESCB Statute,« the ECB may require credit institutions established in Member States to hold minimum reserves on accounts with the ECB and national central banks in pursuance of monetary policy objectives».
Current accounts of staff, companies and clients( including financial institutions listed as exempt from the obligation to hold minimum reserves see liability item 2.1), etc.;
The European System of Central Banks Objectives of the Eurosystem Eurosystem monetary policy instruments Open market operations Standing facilities Minimum reserves Counterparties Underlying assets Modifications to the monetary policy framework 9 9 9 9 9 11 11 11 11 11.
in circulation plus the minimum reserves credit institutions are required to hold with the Eurosystem
On 28 October 2008, the Executive Board of the ECB adopted a Decision on the application of minimum reserves by the European Central Bank following the introduction of the euro in Slovakia( ECB/ 2008/14),
An institution shall hold its minimum reserves on one or more reserve accounts with the national central bank in each participating Member State in which it has an establishment,
Any application for permission to hold minimum reserves through an intermediary as described in paragraph 1 above shall be addressed to the national central bank of the participating Member State in which the applicant is established.
The institution which holds its minimum reserves through an intermediary and the intermediary itself shall be informed of any withdrawal of permission for reasons other than prudential ones at least five working days before the end of the maintenance period in which permission is withdrawn.
When increasing minimum reserves rate, central bank as a regulator,
Minimum reserves General considerations Institutions subject to minimum reserves Determination of minimum reserves Maintenance of reserve holdings Reporting
By increase of basic interest rate or by increase of minimum reserves rate, a central bank inhibits the process of credit multiplication which from most liquid assets makes wider money supply(M2 resp. M3).