Branch

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Branch

An operation in a foreign country incorporated in the home country.

Branch

1. An office or subsidiary of a company that exists and conducts operations in a country other than the one in which the company is headquartered. See also: MNC.

2. A semi-independent office of a bank. For example, a bank may have five branches in a city where account holders can make deposits and withdrawals and conduct other business at the place most convenient for them.
References in periodicals archive ?
This transformation is already underway with the support of an evolving branchless banking ecosystem.
As a result of various initiatives taken by State Bank of Pakistan, branchless banking has been reaching out to all geographic and economic segments of the country.
The existing branchless banking deployments can cater to the needs of over 10 million potential beneficiaries of G2P payments in Pakistan, he added.
According to the 8th issue of State Bank of Pakistan's (SBP) Branchless Banking Newsletter for the second quarter of FY 2013, branchless banking providers collectively performed 44.
A branchless banking project supported by five banks with the aim of facilitating financial inclusion has got off to a flying start in Indonesia, with response exceeding expectations.
It may be pointed out that the branchless banking service providers are trying to increase their linkages with microfinance institutions as loan repayments of Rs.
Commenting on 'Mobile Paisa', Bank Alfalah Limited's Head of Branchless Banking Mr.
Pakistan's U Micro-finance Bank Limited has entered into a Memorandum of Understanding with National Bank of Pakistan to provide NBP's customers with personal and corporate solutions through branchless banking services.
8 million mark depicting a remarkable growth of 25 percent during July-September quarter of 2012, according to Branchless Banking Newsletter released by the State Bank of Pakistan (SBP) on Wednesday.
Bank Alfalah and Warid Telecom forged partnership with Fundamo, a provider of mobile financial services solutions, and Monet, a cloud solutions providing firm, to deploy its technology and launch branchless banking services in the country.
Global Banking News-September 3, 2013--UBank and NBP sign accord to provide branchless banking(C)2013 ENPublishing - http://www.
Karachi -- Bank Alfalah Limited (BAFL), Pakistan's 6th largest bank and Warid Telecom, both owned and operated by the Abu Dhabi Group have joined hands for their upcoming branchless banking services in Pakistan.