Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,898,930,336 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Offshore Finance Subsidiary
(redirected from Offshore Banking Unit)

   Also found in: Acronyms 0.01 sec.
Offshore finance subsidiary
A wholly owned affiliate incorporated overseas, usually in a tax haven country, whose function is to issue securities abroad for use in either the parent's domestic or foreign business.

Offshore Finance Subsidiary
A wholly-owned subsidiary that exists in a foreign country, especially a tax haven. An offshore finance subsidiary issues stocks and bonds on behalf of the parent company outside the jurisdiction of the home country. The issues will therefore be subject to fewer regulations and perhaps also less scrutiny.


Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
No references found
 
Insiders disclosed that during the auction Far Eastern International Bank won the "B" bid to take over ChinFon's 19 branches plus overseas outlets, offshore banking units, and trust departments under the condition that NT$19.
In 1976, Arab Bank started an Offshore Banking Unit (OBU), contributing to the immense development Bahrain and region have witnessed and its modern and diversified economic achievements, which made Bahrain a key commercial, financial and tourist center in the region.
The bank currently has three branches and an offshore banking unit in Bahrain.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.