A local branch of a bank based in a different country, incorporated in the host country. A subsidiary bank is only obliged to follow the laws of the host nation, making subsidiary banks a convenient way for large parent companies to avoid unfavorable regulations in their home countries.
Related information about subsidiary bank:
- Subsidiary Bank Definition | Investopedia
A type of foreign bank that is incorporated in the host country but is considered to be owned by a foreign parent bank. The subsidiary bank only needs to operate ...
- Non-bank subsidiary - Wikipedia, the free encyclopedia
A prominent example is the bank holding company Bank of America Corporation, whose bank subsidiary, Bank of America, N.A., offers bank services and ...
- What Is a Subsidiary Bank?
A subsidiary bank is a banking operation that is incorporated in the country where it operates, but is owned by a parent bank that is incorporated in a different ...
- Subsidiary Bank: Definition from Answers.com
Subsidiary Bank A type of foreign bank that is incorporated in the host country but is considered to be owned by a foreign parent bank.
- What is subsidiary bank? definition and meaning
Definition of subsidiary bank: A local branch of a bank based in a different country, incorporated in the host country. A subsidiary bank is only obliged to follow ...
- SUBSIDIARY BANK SBERBANK OF RUSSIA — Sberbank of Russia
News. 08.06.2012: Sberbank Announces Agreement to Acquire 99.85% of DenizBank; 18.04.2012: Internet-Bank from Sberbank Recognized the Best in Russia ...
- Subsidiary Bank Sberbank of Russia JSC (TXBN) - Kazakhstan ...
Contacts: 30/26, Gogol/Kaldayakov str., Almaty, Repuplic of Kazakhstan, 050010; Phone: (727) 250 00 60; Fax: (727) 250 00 63. Web site ...
- Subsidiary Bank Chief Operating Officer Salary Survey
Salary data for Subsidiary Bank Chief Operating Officer. Providing you choices to find the most accurate and up-to-date compensation information, SalaryExpert ...