641908 Foreign-controlled banks
-
-
-
-
-
-
641908 Foreign-controlled banks
-
-
-
-
-
Many foreign-controlled banks operate in all field of business, but some of them focus on asset management or investment banking. In the case of asset management, the clientele is usually foreign. A bank is deemed to be foreign-controlled if foreigners with a qualified participation in the bank directly or indirectly hold more than one half of its voting shares, or if they exercise a controlling interest in any other manner.