Real effective 

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binnenwerk ATbank.indd
... of government stimulus measures and a signifi- cant boost to competitiveness arising from the real depreciation of the rouble. growth forecasted at 2%. notwithstanding heightened financial concerns, the combination ... atb leasing are not tax deductible, the effective tax rate for atb leasing is higher than the statutory tax rate, leading to an overall effective tax rate n.v. corporate balance ...
atbank.nl

untitled
... developments in russia. russia continued its strong macro-economic stance with real gdp growth reaching which is higher than had generally been expected. ... 10% and have grown by 16.1% over the last year. real personal incomes have realized average increases over 15%. during this time, ... tax rates. the appli- cable tax rate is 25,5%, the effective rate is also 25,5%. amsterdam, april 25, 2008 board of ...
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03/8139_Jaarverslag binnen 2002
... for some of the peripheral coun- tries, resulting in a real interest rates being too high in germany, whereas this was ... .the economy is riding out the weak global environment,registering real gdp growth of 4.7 percent while inflation continues to ... align them with the business needs of the organization, through cost effective means.it will also ensure consistent improvement in it strategy,design ...
garantibank.nl

ar1999.pdf
... weaknesses. the price of political and economic woes has surfaced in the form of high real interest rates and significant dependence on short-term foreign and domestic financing. but a ... alco. operational risks are controlled through a set of comprehensive policies and procedures and an effective system of internal control, including adequate computer systems. in 1999 the bank's internal audit ...
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Doku_Con_Juni05_s1_33.qxp
... consumers when disseminated at these informal programmes. using radio and television media are an effective way to provide information to consumers but are an expensive delivery mechanism. information offered ... mics with its strong assumptions on rational behaviour is of limited explanatory value for real behaviour. most studies on the effects of finan- cial literacy programmes show that households ...
www.wsnp.rvr.org

Netherlands cf USA Cons BK Reform v2.doc
... stat. u.s.c. 101-1330 (2005), substantially amended by pub. l. no. 109-8, effective oct. fresh start approach of immediately shielding debtors from liability on most obligations ( discharge ) in ... by requiring debtors to include with their petitions a declaration explaining why there is no real possibility to come to an out-of-court debt rehabilitation arrangement. 86 this declarationmust be ...
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Microsoft Word - Notes_AFM clean 300609 FINAL.DOC
... (including, without limitation and as specified in the applicable final terms, an index component, a real estate index component, a commodity component or a bond index component). in addition to capital ... that have a developed secondary market. purchasing the securities as a hedge may not be effective any person intending to use the securities as a hedge instrument should recognise the correlation ...
snsbank.nl

AMBA 1644140 v14 ABN AMRO RD 2009 DOC
... holdings became the sole shareholder in abn amro. after the sale to santander of banco real and other santander acquired businesses, santander continues to hold an economic interest in abn ... liquidity. under these extreme conditions, hedging and other risk management strategies may not be as effective at mitigating trading risks as they would be under more normal market conditions. moreover, under ...
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Microsoft Word - final version1..doc
... speculation. beside that we will test whether the price predicted by the model underestimated the real price or not and to what extend index speculators are responsible for this possible ... and speculators) increases, which creates an increase in liquidity, which makes the futures market more effective by facilitating trade and by lowering the liquidity premium. in the case of high liquidity ...
triodos.nl

Voorwaarden Vreemde Valuta Rekening
... to the business account until the spending limit is reached. o. the agreement is not effective in accordance with its terms or is alleged by the account holder to be ineffective ... place in the legal or economic entitlement to collateral that has been provided, or a real right is created or lapses in relation to the provided collateral; if all or part ...
ing.nl