INTERNATIONAL BANKING OVERVIEW :
International markets, offer opportunities to the traders and corporate and multinational companies, to expand their business, across different parts of the globe. International investors explore more investment avenues for their investments. The international markets in the financial sector offers a wide range of opportunities for expansion of trade and financial activities across the borders of nations.
“International Banking” can be defined as a sub-set of commercial banking transactions and activity having a cross border and/or cross currency element. Multinational banking refers to the location and ownership of banking facilities in a large number of countries and geographic regions. International banking comprises a range of transactions that can be distinguished from purely domestic operations by (a) the currency of denomination of the transaction, (b) the residence of the bank customer and (c) the location of the booking office.