Which of the following types of foreign banking operations would best suit the circumstance described? a. A

Question:

Which of the following types of foreign banking operations would best suit the circumstance described?
a. A major customer of a U. S. commercial bank requests a loan to finance growing export activity in Mexico.
b. Management notices that an increasing number of its business customers have located offices in Moscow.
c. Although the bank cannot justify a permanent office in Moscow, it wants to provide loans to these international activities.
d. Indonesia has just announced the privatization of many small banks. Your bank is going to buy one of the banks to establish a local lending and deposit base.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Bank Management

ISBN: 978-1133494683

8th edition

Authors: Timothy W. Koch, S. Scott MacDonald

Question Posted: