Peter England, RAKBANK CEO, said, "We are pleased to have partnered with DFCC Bank to support their general expansion plan of the Offshore Banking Unit
Australia has set July 2015 as the target date for the introduction of reforms to the offshore banking unit
The Bank also has representative offices in Tehran, Kazakhstan and Beijing, an associated exchange company in Muscat, Oman and an offshore banking unit
in Karachi's Export Processing Zone.
through the offshore banking unit
of Taipei branch); Bank of America Merrill Lynch; Hua Nan Commercial Bank Ltd.
The financial institution must then submit an application to port authorities to establish an offshore banking unit
(OBU) in the free-trade zone.
NBAD, the Number One Bank in the UAE, first entered the Kingdom of Bahrain in 1977 when it launched its Offshore Banking Unit
in the country.
In 1977, Bank of Tokyo obtained a license here to operate as an offshore banking unit
, aka OBU, making it the only Japanese bank in the Philippines at that time.
Taiwan's de-regulation of the offshore banking unit
(OBU) business, Citibank Taiwan announced its expansion in Taiwan's OBU wealth management business by partnering with Allianz Global Investors Hong Kong Ltd.
Any cost or expense related to or incurred in the operation of the foreign currency deposit unit (FCDU)/expanded FCDU or offshore banking unit
is not allowed as deduction from the RBU's taxable income.