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Chapter 1: International Banking: Functions, Theories, and Types

      https://doi.org/10.1142/9789811262326_0001Cited by:0 (Source: Crossref)
      Abstract:

      The following sections are included:

      • Introduction

      • Functions of International Banks

        • International trade finance

        • Interbank foreign exchange market

        • Participation in eurocurrency market

        • Sovereign lending

        • International investment banking

      • Theories of International Banking

        • Defensive expansion (Follow the customer)

        • Growth potential

        • Access to money market centres

        • International diversification benefits

        • Regulation considerations

      • Types of International Banking

        • Correspondent bank

        • Representative office

        • Foreign branch

        • Subsidiary and affiliate banks

        • Edge Act bank in the US

        • International banking facility for US banks

        • Offshore banking unit and offshore financial centre

        • Joint venture bank

      • Linkage Between Reasons for International Banking and International Banking Forms

        • Customer-driven international expansion

        • Scale economies

        • Regulation arbitrage

        • Diversification of asset and liability operations

        • Eurocurrency market access

      • References