In the financial market, the representation of an institution abroad (a form of organization frequently used by foreign banks to enter a foreign market, especially in the USA. An agency bank generally may not accept deposits or extend loans in its own name; it acts as agent for the parent bank). The scope of an agency’s activities depends on the respective laws and regulatory requirements in the host country. – See agglomeration effect, alliances, cross-border, foreign branch, European passport, credit institution, cross-border, onshore banking, representative office, branch.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/

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