uk Global Banking News - 15 March 2013 The Reserve Bank of Zimbabwe has extended the deadline for banks to meet the minimum capital requirement, from December 31, 2014 to 2020.
What does MCR stand for?
MCR stands for Minimum Capital Requirement
This definition appears frequently and is found in the following Acronym Finder categories:
- Military and Government
- Business, finance, etc.
See other definitions of MCR
We have 293 other meanings of MCR in our Acronym Attic
- Middle Combination Room (UK universities)
- Middle Common Room (UK universities)
- Milestone Concurrence Review
- Military Civil Relations
- Military Communications Representative
- Military Communications Requirement
- Military Compact Reactor
- Military Contract Requirement(s)
- Mini Club Romand (automobile club; Switzerland)
- Mini Cooper Register (automobile club; UK)
Samples in periodicals archive:
We urge those banking institutions without realistic chances of meeting the soon to be increased minimum capital requirements to seriously consider mergers and acquisitions or solemnize their proposed marriages.
The company will achieve the earlier minimum capital requirement RO20 million with the conversion of its previous bonds.
KARACHI, December 17, 2009 (Frontier Star): Massive manipulation has been made by the banks in their internal accounts to meet the minimum capital requirement set by the State Bank of Pakistan (SBP).
Hamad Buamim cited the law eliminating the minimum capital requirement for limited-liability companies (LLC) and the Central Bank's decision to lower capital adequacy from 11 to 7 percent as reasons for Dubai's attractiveness.
The CMC has also authorized "Fransabank Al Djazair" to increase its capital from DZD 7 billion up to DZD 10 billion, so as "to comply with the regulations relating to the minimum capital requirements for banks and financial establishments operating in Algeria," Laksaci said.