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. . . . . . banking refers to the establishment of banking unite which deal only with foreign currency-denominated assets & liabilities?

A. Unit Banking B. Foreign Bank C. Internet Banking D.Off-shore Banking E. Non of these.  

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Question ajoutée par VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
Date de publication: 2015/01/16
Mohammed Salim Allana
par Mohammed Salim Allana , Compliance and Assurance Manager , United Arab Bank

Yes, it is D. Offshore banking, which generally deals in Foreign currency investments and lending.

Subhranshu Ganguly
par Subhranshu Ganguly , Quality Analyst. , WIPRO

It is offshore banking. In India the Indian overseas bank was the most dominant bank engaged in offshore banking in the70s and80s. But now all banks have foreing branches. In the40s HSBC was the dominant British offshore bank in the orient.

Utilisateur supprimé
par Utilisateur supprimé

D.Off-shore Banking

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
par VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Answer option (D)   >>>>>>>>>   Off-shore Banking

Ahmed kandil
par Ahmed kandil , Cost Controller , Battour Holding Cpompany

ANSWER IS D

Salah Othman Yousef Alshambaati
par Salah Othman Yousef Alshambaati , مدير ادارة الحسابات , شركة انفال الجديدة للتجارة والمقاولات

d

Gemma Munoz
par Gemma Munoz , Credit Control Executive / Accountant , Saint-Gobain Gyproc Middle East FZE

Off-shore Banking .An offshore bank is a bank located outside the country of residence of its depositors, with most of its account holders being non-residents of the jurisdiction. An account held in a foreign account, especially in a tax haven country, is often described as an offshore account.

FITAH MOHAMED
par FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

D.>>>>>>>>>>>>>>Off-shore Banking

Ashraf E. Mahmoud (PhD)
par Ashraf E. Mahmoud (PhD) , University Lecturer, Freelancer Consultant and Trainer for Int'l Business & Banking TF. , FreeLancer

I do believe thatthe coorect answer is "D" - Off -shore banking.

 

khaled Ibrahim Sayed Abd El Salam Ibrahim
par khaled Ibrahim Sayed Abd El Salam Ibrahim , Chief Accountant , -ElMehy engineering company

We all agree about D as no more explanation can be mention as its self-defined.

Utilisateur supprimé
par Utilisateur supprimé

Updated by the mark to market evaluation of assets.

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