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werstlingbum werstlingbum
wrote...
Posts: 376
6 years ago
Why have international banks increasingly provided their own overseas operations rather than using correspondent banks?
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wrote...
6 years ago
 Providing its own overseas operations enables a larger bank to compete better internationally. A bank that has its own foreign operations can access new sources of deposits and profitable lending opportunities. The bank can also better meet the needs of domestic clients with international banking needs.
werstlingbum Author
wrote...
6 years ago
TY
wrote...
6 years ago
You're welcome
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