When an overseas banking operation is jointly owned by a parent bank and a local or foreign partner, what is it called?
A) subsidiary bank
B) branch bank
C) affiliated bank
D) correspondent bank
Correct Answer:
Verified
Q3: What term refers to a currency on
Q48: Low-cost Eurocurrency loans can be obtained in
Q55: The Japanese yen makes up the largest
Q61: Which of the following countries is an
Q65: Which of the following is a characteristic
Q115: A _ is a mutual fund that
Q121: Why would an MNC most likely use
Q122: Why have international banks increasingly provided their
Q123: What is the difference between a Eurobond,
Q124: What is the difference between a Eurocurrency
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents