Abstract
International banking is comprised of cross-border banking services and foreign direct investment by banks. The choice of strategy determines the range of services that a bank may offer and depends on the resources of the bank. Banks may also provide cross-border banking services through foreign offices to its home country and to third countries. These strategies are not substitutes as much of what is considered cross-border banking requires a foreign presence to originate the business and to deliver the service. Another element to trade in banking services involves the temporary presence of bank personnel in a foreign country to transact business, whether through a permanent foreign office in that country or not.
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Notes
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© 2005 Aidan O’Connor
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O’Connor, A. (2005). Trade Theories and International Banking. In: Trade, Investment and Competition in International Banking. Palgrave Macmillan, London. https://doi.org/10.1057/9780230512375_5
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DOI: https://doi.org/10.1057/9780230512375_5
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