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CMC: Contribution to Deposit Guarantee Fund set at 0.25%.

Summary: The Credit and Money Council (CMC (Common Messaging Calls) A programming interface specified by the XAPIA as the standard messaging API for X.400 and other messaging systems. CMC is intended to provide a common API for applications that want to become mail enabled.

1.
) has set at 0.25% the contribution due to the Deposit Guarantee Fund for 2008, the CMC said on Tuesday.

The Credit and Money Council (CMC) has set at 0.25% the contribution due to the Deposit Guarantee Fund for 2008, the CMC said on Tuesday. The contribution is meant for all bank deposits made up to 31 December 2008, added the Council, which met in an ordinary session, chaired by Mohammed Laksaci, Governor of the Bank of Algeria. The CMC has also authorized "Fransabank Al Djazair" to increase its capital from DZD DZD

The ISO 4217 currency code for Algerian Dinar.
 7 billion up to DZD 10 billion, so as "to comply with the regulations relating to relating to relate prepconcernant

relating to relate prepbez├╝glich +gen, mit Bezug auf +acc 
 the minimum capital requirements Capital requirements

Financing required for the operation of a business, composed of long-term and working capital plus fixed assets.
 for banks and financial establishments operating in Algeria," Laksaci said.AaAaAa

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Publication:UMCI News (Potomac Falls, VA)
Date:Jul 29, 2009
Words:142
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