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Offshore banking unit (obu)
Глоссарий по оффшорам |
A bank in an offshore financial center,not allowed to conduct business in the domestic market but only with otherobu’s or with foreign persons.
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Offshore center, английский
A financial center used as a foreign base foroverseas operations where the investor may move in and out of his investmentfreely and which fits the needs of the user.
Offshore banking, английский
By popular usage, the establishment and operationof us or foreign banks in such offshore tax havens as the bahamas and thecayman islands.
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