NIC Bank

NIC Bank, whose full name is National Industrial Credit Bank, is a commercial bank in Kenya, the largest economy in the East African Community. It is licensed by the Central Bank of Kenya, the country's central bank and national banking regulator.

Overview

NIC Bank is a large financial services provider in East Africa. Headquartered in Nairobi, Kenya, the bank owns subsidiary companies in Kenya, Uganda and a controlling interest (51% shareholding), in NIC Bank Tanzania, a commercial bank in neighboring Tanzania. In May 2012, NIC Bank opened a 100% subsidiary, NC Bank Uganda. As of December 2013, NIC Bank's total asset base was valued at about US$1.308 billion (KES:112.92 billion), with shareholder's equity of approximately US$204.2 million (KES:17.631 billion). At that time, the bank was ranked number 9, by assets, out of 43 license banks in the country.

History

The bank was founded in 1959 as a joint venture by Standard Bank Limited and Mercantile Credit Company Limited, both headquartered in South Africa and the United Kingdom respectively. NIC was initially a non-bank financial institution (NBFI). In 1971, NIC became a public company, by listing on the Nairobi Stock Exchange, where it still trades today under the symbol: NNIC. In 1995, the Central Bank of Kenya required all NBFIs in the country to either convert to fully fledged commercial banks or close shop. NIC applied for and was granted a banking license that same year. In 1997, NIC Bank merged with African Mercantile Bank Limited (AMBank), a Kenyan financial institution.

Nic

Nic is a male given name, often short for Nicholas or Dominic. It may refer to:

Music

Television

Other fields

As a place name

NIC

NIC may stand for:

Banking and insurance companies

Government agencies and politics

Northern Illinois Conference (athletic conference)

The Northern Illinois Conference (NIC-10) is a high school athletic conference consisting of nine high public schools and one Catholic school in Illinois' Boone, Stephenson, and Winnebago Counties. Member schools are also full members of the Illinois High School Association (IHSA), and are among the larger schools in that area, all competing in Class AA (in the two class system) of IHSA competitions.

Members

* Depending on the sport/activity, schools compete in a two class, three class, or four class system. The classes are listed in that order in this table.

History

The conference was originally founded as the Big 7 in 1919 and included Freeport High School, Rockford Central High School, Joliet High School, Elgin High School, DeKalb High School, Aurora East High School, and Aurora West High School. DeKalb left the conference in 1929, and was replaced by LaSalle-Peru High School. In the spring of 1940, Rockford High School closed with the opening of Rockford West and Rockford East high schools in the fall of 1940 (and the conference naturally became the Big 8). In 1960, Joliet High School left and quickly was replaced by the newly constructed Rockford Auburn High School. In 1963, Aurora East, Aurora West, and Elgin high schools departed, and were immediately replaced by Harlem High School, Belvidere High School, and the newly opened Rockford Guilford High School. 1964 saw LaSalle-Peru leave after being a member of the conference for 35 years and Boylan Central Catholic High School join. The addition of Rockford Jefferson High School in 1971 forced the conference to change their name to the Big 9.

Bankə

Bankə (also, Bank, Banka, Bankov, Imeni Kirova, Rybokombinat Imeni Kirova, Severo-Vostochnyy Bank, and Severo-Vostotchnyi Bank) is a village and the most populous municipality, except for the capital Neftçala, in the Neftchala Rayon of Azerbaijan. It has a population of 7,574.

Etymology

The city's name comes from Azerbaijani version of fishing bank.

References

External links

Rampart (fortification)

A rampart in fortification architecture is a length of bank or wall forming part of the defensive boundary of a castle, hillfort, settlement or other fortified site. It is usually broad-topped and made of excavated earth or masonry or a combination of the two.

Early fortifications

Many types of early fortification, from prehistory through to the Early Middle Ages, employed earth ramparts usually in combination with external ditches to defend the outer perimeter of a fortified site or settlement.Hillforts, ringforts or "raths" and ringworks all made use of ditch and rampart defences, and of course they are the characteristic feature of circular ramparts. The ramparts could be reinforced and raised in height by the use of palisades. This type of arrangement was a feature of the motte and bailey castle of northern Europe in the early medieval period.

Types of rampart

The composition and design of ramparts varied from the simple mounds of earth and stone, known as dump ramparts, to more complex earth and timber defences (box ramparts and timberlaced ramparts), as well as ramparts with stone revetments. One particular type, common in Central Europe, used earth, stone and timber posts to form a Pfostenschlitzmauer or "post-slot wall". Vitrified ramparts were composed of stone that was subsequently fired, possibly to increase its strength.

Bank (card game)

Bank, also known also as "Polish Bank" or "Russian Bank," is the name of a comparing card game. The game requires a standard 52-card deck and five or six players.

Rules

At the start of the game, each player contributes an arranged stake to the pool. The dealer gives three cards to each player and turns up another; if this is not lower than an eight (ace is lowest), the dealer continues turning up cards until such a card is exposed. The player on the dealer's left, without touching or looking at the three cards received, can bet the amount of the pool, or any part of it, that among those cards is one that is higher (of the same suit) than the turn-up. If the player wins, the player takes the amount from the pool; if the player loses, the player pays that amount to the pool. Each player does the same in turn, the dealer last. Whenever the pool is exhausted, a fresh stake is put into the pool. After a round is over the deal passes. No player may touch any cards received until making a bet; the penalty is a fine to the pool of twice the stake, and the loss of the right to bet during that round.