Banking Mortgage Operations
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Uruguay Banking Crisis - The Uruguay Banking Crisis was a major banking crisis that hit Uruguay in July 2002 in which a massive run on banks by depositors caused the government to freeze banking operations. The crisis was caused by a considerable contraction in Uruguay's economy and by over-dependence on neighboring Argentina, which experienced an economic meltdown itself in 2001. Chemical Banking Corporation - The Chemical Banking Corporation was a bank holding company formed as parent of Chemical Bank, which had been founded in 1824. The bank was originally owned by New York Chemical Manufacturing, which later disposed of its non-banking operations. Maybank - Maybank, a trade name for Malayan Banking Berhad is the largest bank and financial group in Malaysia, with significant personal banking operations in Brunei, Singapore and the Philippines as well. The bank also has large interests in Islamic banking and insurance via its Takaful subsidiary. Kotak Mahindra Bank - Kotak Mahindra Bank was previously known as the Kotak Mahindra Finance Limited as a Non-Banking Financial Company. In 2003, The Reserve Bank of India gave its approval and authroized the license of starting banking operations.
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