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BNET Business Dictionary
- Bank
- a commercial institution that keeps money in accounts for individuals or organizations, makes loans, exchanges currencies, provides credit to businesses, and offers other financial services
- Bank definition on BNET »
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- First in: ABN Amro set to launch retail brokerage arm next year.
- Dec. 9--MUMBAI, India -- Foreign banks seem to be finally getting into a retail space dominated now by home-grown state-owned and private banks. Dec. 9--MUMBAI, India -- Foreign banks seem to be finally getting into a retail space dominated now by home-grown state-owned and...
- Research articles 2005-12-09
- FOREIGN BANKS SCRAMBLE TO BE SHAREHOLDERS OF BOC
- AsiaInfo Services 04-14-2005 Foreign Banks Scramble to Be Shareholders of BOC CHINA, Apr 14, 2005 SinoCast via COMTEX -- Foreign banks are scrambling to be shareholders of Bank of China BOC, the oldest bank and one ofthe top four state-owne ...
- Research articles 2005-04-14
- CHINESE EAGER FOR BANKING PRODUCTS
- AsiaInfo Services 09-26-2002 Chinese Eager for Banking Products SHANGHAI, Sep 26, 2002 AsiaPort via COMTEX -- More people in Shanghai are beginning to realize banks are not just buildings where deposits and withdrawals take place. That's b ...
- Research articles 2002-09-26
- IRAN: FOREIGN BANKS PRESENCE TO ACCELERATE IRAN'S JOINING WTO - OFFICIAL.
- According to "Tehran Times", the presence of foreign banks in Iran will lead to the improvement of the banks' performance, will boost their competitiveness, and will speed up the country's membership in the World Trade Organization WTO, a According to "Tehran Times", the presence of foreign...
- Research articles 2007-05-15
- New Federal Reserve rule could lead to marriages; revenue cap change offers banks chance to buy brokerages; foreign firms to lead.
- While commercial banks have been romancing one another for years, they are about to start flirting with some old flames: brokerage and investment firms. If, as anticipated, the Federal Reserve Board moves ahead with a proposal to boost the limit on reWhile commercial banks have been...
- Research articles 1996-09-16
- IMF-ARGENTINA DEAL UPSETS FOREIGN BANKS
- Foreign banks operating in Argentina are demanding that the country's crucial agreement with the International Monetary Fund be delayed. The banks are upset about a batch of new government proposals that could stack hundreds of millions of dollars in fresForeign banks operating in Argentina are demanding that the country's crucial...
- Research articles 2002-08-21
- INDIA: NATIONALIZED BANKS IMITATE PRIVATE COUNTERPARTS AS THEY CHARGE FOR SERVICES.(Brief Article)
- According to "Business Standard", taking a cue from private sector and foreign banks, nationalized banks have started charging their customers for different services. Punjab National Bank PNB is the first off the block and others are like According to "Business Standard", taking a cue from ...
- Research articles 2004-10-21
- ARGENTINA: IMF-ARGENTINA DEAL UPSETS FOREIGN BANKS.(Brief Article)
- Foreign banks operating in Argentina are demanding that the country's crucial agreement with the International Monetary Fund be delayed. The banks are upset about a batch of new government proposals that could stack hundreds of millions of dollars in Foreign banks operating in Argentina are demanding...
- Research articles 2002-08-21
- FOREIGN BANKS PRESENCE TO ACCELERATE IRAN'S JOINING WTO OFFICIAL
- According to "Tehran Times", the presence of foreign banks in Iran will lead to the improvement of the banks' performance, will boost their competitiveness, and will speed up the country's membership in the World Trade Organization WTO, an offAccording to "Tehran Times", the presence of foreign banks in Iran will...
- Research articles 2007-05-15
- BEA BECOMES THE FIRST QDII FOREIGN BANK
- According to fdi.gov.cn: From obtaining business license to obtaining the credit line for foreign exchange purchase, and further to launching related products, commercial banks are gradually realizing their intentions of offering overseas finance servicesAccording to fdi.gov.cn: From obtaining business license to obtaining the credit line for foreign exchange purchase, and...
- Research articles 2006-08-02
- CHINA: BEA BECOMES THE FIRST QDII FOREIGN BANK.
- According to fdi.gov.cn: From obtaining business license to obtaining the credit line for foreign exchange purchase, and further to launching related products, commercial banks are gradually realizing their intentions of offering overseas finance ser According to fdi.gov.cn: From obtaining business license to obtaining the credit...
- Research articles 2006-08-02
- CITIBANK SHELVES PLAN TO BUY PHILIPPINE THRIFT BANK.
- MANILA, March 3 Asia Pulse - Citibank, one of the first four original foreign banks that antedated the 1990s law allowing the entry of new foreign banks, has abandoned its plan to buy a local thrift bank intended to have significantly expanded its r MANILA,...
- Research articles 2003-03-03
- FOREIGN BANK CARD CAN DRAW RENMINBI CASH IN BEIJING
- AsiaInfo Services 01-29-2003 Foreign Bank Card Can Draw Renminbi Cash in Beijing BEIJING, Jan 29, 2003 SinoCast via COMTEX -- Yesterday, China UnionPay, VISA and Master announced at the same time that Beijing would put into operation a new ba ...
- Research articles 2003-01-29
- HSBC: FOREIGN BANKS TO SNAP UP CENTRAL CHINA
- AsiaInfo Services 05-07-2007 HSBC: Foreign Banks to Snap Up Central China ZHENGZHOU, May 07, 2007 SinoCast via COMTEX -- The Central China, a vigorous region in the fast-growing country, will soon become the new battlefield of all foreign ban AsiaInfo...
- Research articles 2007-05-07
- SIX FOREIGN BANKS IN CHINA PREDICT 100% REVENUE GROWTH IN 2005
- AsiaInfo Services 11-04-2005 Six Foreign Banks in China Predict 100% Revenue Growth in 2005 BEIJING, Nov 04, 2005 SinoCast via COMTEX -- PricewaterhouseCoopers PwC, one of the world's top four accounting firms, finds the foreign banks in Ch AsiaInfo Services...
- Research articles 2005-11-04
- FOREIGN BANKS BUSINESS TO SEE ANNUAL GROWTH OF 40 PERCENT
- AsiaInfo Services 01-13-2000 Foreign Banks Business to See Annual Growth of 40 Percent CHINA, January 13, AsiaPort -- According to a report by Standard Chartered, after its accession to the World Trade Organization, China will...
- Research articles 2000-01-13
- HUAWEI OBTAINS BIG AMOUNT CREDIT FROM FOREIGN BANK
- AsiaInfo Services 09-28-2004 Huawei Obtains Big Amount Credit from Foreign Bank BEIJING, Sep 28, 2004 SinoCast via COMTEX -- Huawei Technology Co., Ltd., a large communication equipment supplier in China, announced inBeijing that it had obtai AsiaInfo Services ...
- Research articles 2004-09-28
- KUWAIT: OPENING OF BRANCHES OF TWO FOREIGN BANKS.(HSBC Bank and Citibank)(Brief Article)
- Al-Watan newspaper reported in July 2004 on the operations of the branches of the two foreign banks, HSBC Bank and Citibank. The paper noted that these branches are the first ... Al-Watan newspaper reported in July 2004 on the operations of the branches of the two...
- Research articles 2004-08-29
- Welcoming the world: The optimism surrounding China's entry into the World Trade Organization belies the hard work ahead for foreign and home banks alike. (China).
- China joined the World Trade Organization WTO in mid-December -- and foreign banks have already reaped the benefit. In March this year, Citibank and the Hong Kong & Shanghai Banking Corporation HSBC became the first two foreign banks to be al China joined the World Trade...
- Research articles 2002-05-01
- Final Rule on Correspondent Accounts for Foreign Shell Banks and Foreign Banks
- "On September 26, 2002, the U.S. Department of Treasury published its final rule on correspondent accounts for foreign shell banks and foreign banks. The rule: prohibits covered financial institutions, requires covered financial institutions, requires the termination of correspondent accounts of foreign banks. Financial institutions should revise their anti-money laundering...
- White papers 2003-01-01
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