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EDGE AND AGREEMENT CORPORATION

Spanish translation: Filial Bancaria Doméstica de Intitución Extranjera

15:23 May 9, 2001
English to Spanish translations [Non-PRO]
Bus/Financial
English term or phrase: EDGE AND AGREEMENT CORPORATION
Within a list of types of banks and corporations, what wouldn´t help much....
aurora
Spanish translation:Filial Bancaria Doméstica de Intitución Extranjera
Explanation:
Banking corporations financing international commerce, chartered by the Federal Reserve Board under the 1919 amendment to the Federal Reserve Act. They are owned by State chartered or National banks and may operate interstate branches, accept deposits outside the U.S. and invest in non-U.S. firms. They make equity investments under Federal Reserve Regulation K in foreign corporations, such as merchant banks or finance companies. They buy and sell notes, drafts and bills of exchange and basically complement the international banking activities of their parent banks.

Hope this is helpful.
Selected response from:

Monica Ochoa (X)
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1 KudoZ points were awarded for this answer



Summary of answers provided
naFilial Bancaria Doméstica de Intitución Extranjera
Monica Ochoa (X)


  

Answers


19 hrs
Filial Bancaria Doméstica de Intitución Extranjera


Explanation:
Banking corporations financing international commerce, chartered by the Federal Reserve Board under the 1919 amendment to the Federal Reserve Act. They are owned by State chartered or National banks and may operate interstate branches, accept deposits outside the U.S. and invest in non-U.S. firms. They make equity investments under Federal Reserve Regulation K in foreign corporations, such as merchant banks or finance companies. They buy and sell notes, drafts and bills of exchange and basically complement the international banking activities of their parent banks.

Hope this is helpful.

Monica Ochoa (X)
PRO pts in pair: 32

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