641909 Branches of foreign banks
-
-
-
-
-
-
641909 Branches of foreign banks
-
-
-
-
-
Most branches of foreign banks operate in the field of investment banking. They focus in their geographical scope of activities particularly on their country of origin. Unlike foreign-controlled banks, the branches of foreign banks are not legal entities in their own right. In terms of their business operations, as in legal respects, they are subordinated to their parent company.