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Foreign Lending

  • Francis A. Lees

Abstract

In this chapter we examine the role and importance of foreign lending by American banks. American banks are not the only source of short-term or long-term credits for non-resident borrowers. However, the role of U.S. banks is strategic, since they provide a major part of the credits to foreign borrowers that finance U.S. exports and imports, investment transactions, and foreign business development. Foreign loans provided by U.S. banks may serve to bolster the U.S. balance of payments position and facilitate a broad spectrum of international transactions carried on by U.S. residents.

Keywords

Commercial Bank Bank Credit Foreign Bank Head Office Export Credit 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Notes

  1. 2.
    Hugh Chairnoff, ‘Philadelphia Bankers Are International Bankers’, Business Review, Federal Reserve Bank of Philadelphia, May 1968, p. 5.Google Scholar
  2. 13.
    Douglas A. Hayes, ‘A Bankers Primer on International Banking’, The Bankers Magazine, Spring 1970, p. 35.Google Scholar
  3. 25.
    D. E. Fair, ‘Export Credit Problems’, The Three Banks Review, December 1970, p. 24.Google Scholar
  4. 26.
    Lee C. Nehrt, Financing Capital Equipment Exports, International Textbook Co., 1966, p. 77.Google Scholar

Copyright information

© Francis A. Lees 1974

Authors and Affiliations

  • Francis A. Lees
    • 1
  1. 1.Business Research InstituteSt John’s UniversityNew YorkUSA

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