Why Would a U

Multiple Choice

Why would a U.S. bank open a foreign branch bank?

A) Because this form of bank organization can allow a U.S. bank to provide a fuller range of services for its MNC customers than it can through a representative office.
B) To avoid U.S. banking regulation on transactions routed through that foreign country.
C) Because this form of organization allows the bank to service MNC clients at low cost and without the need of having bank personnel located in the country.
D) both a and b