Subsidiary Bank

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Definition: Subsidiary Bank

Subsidiary Bank
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Full Definition of Subsidiary Bank

A local branch of a bank based in a different country, incorporated in the host country. A subsidiary bank is only obliged to follow the laws of the host nation, making subsidiary banks a convenient way for large parent companies to avoid unfavorable regulations in their home countries.

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To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

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https://payrollheaven.com/define/subsidiary-bank/
Modern Language Association (MLA):
Subsidiary Bank. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
November 08, 2024 https://payrollheaven.com/define/subsidiary-bank/.
Chicago Manual of Style (CMS):
Subsidiary Bank. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/subsidiary-bank/ (accessed: November 08, 2024).
American Psychological Association (APA):
Subsidiary Bank. PayrollHeaven.com. Retrieved November 08, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/subsidiary-bank/

Definition Sources

Definitions for Subsidiary Bank are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 16th November, 2021 | 0 Views.