Definitions for cl financial
cl finan·cial

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1. CL Financial

   CL Financial was the largest privately held conglomerate in Trinidad and Tobago and one of the largest privately held corporations in the entire Caribbean, before the company encountered a major liquidity crisis and subsequent bailout in 2009. Founded as an insurance company, Colonial Life Insurance Company (CLICO) by Cyril Duprey, it was expanded into a diversified company by his nephew Lawrence Duprey. CL Financial then became one of the largest local conglomerates in the region, encompassing over 65 companies in 32 countries worldwide with total assets exceeding TT$100 billion.However, CL Financial experienced a liquidity crisis that resulted in a "bail out" agreement by which the government of Trinidad and Tobago loaned the company funds ($7.3 billion as of December 2010) to maintain its ability to operate, and obtained a majority of seats on the company's board of directors. As of late 2010, the company remained in a tenuous position amid tense negotiations with the government, and as of February 2011, the company's web site (www.clfinancial.com) was no longer functioning. CL Financial started out as a holding company for Colonial Life Insurance Company (Trinidad) Limited (Clico) in 1993.

How to pronounce cl financial?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say cl financial in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of cl financial in Chaldean Numerology is: 7

2. Pythagorean Numerology

   The numerical value of cl financial in Pythagorean Numerology is: 3

Examples of cl financial in a Sentence

1. Nick Foulks:

   When you're starting a business, there's always a sacrifice up front. That's on the financial side, as well as in time to get the momentum going.

2. Mary Dell Harrington:

   College kids aren't going to get a slap on the wrist if they defy the rules, they could risk suspension or expulsion, and parents could risk serious financial consequences. As we saw last spring when the pandemic began, there's no guarantee you will get your money back.

3. Berlin Partner Director Stefan Franzke:

   The most concrete enquiries are coming from London fintechs (financial technology firms). They are considering a move to Berlin so as not to lose access to the European single market.

4. Chief Executive Stéphane Boujnah:

   Euronext looks forward to supporting the Norwegian financial and business community, to working constructively with all key constituents and stakeholders to further drive the success of Oslo Børs VPS.

5. David Ferbrache:

   Ultimately, the financial sector as a community needs to organize this themselves.

References

1. ^ Wikipedia
   https://en.wikipedia.org/wiki/Cl_Financial