Hint mode is switched on Switch off

Foreign bank branch

Category — Market Participants

Very often large banks, which operate in some countries across different time and currency zones issue notes acting through their foreign branches in another country for certain legal (for instance tax), administrative and regulatory reasons, including (without limitation) to facilitate timely access to funding markets. In these cases interest payments may be subject to applicable local tax laws and regulations of the country of a branch location.

A branch is not a subsidiary and does not constitute a separate legal entity. The obligations under the notes issued by an issuer acting through its foreign branch are of an issuer only, and investors’ claims under notes are only against an issuer.

A foreign branch is obligated to follow the regulations of both the home and host countries, operating in the country.

Bank of China, which is regulated by the People’s Bank of China has got branches in European, Asian and American financial centres to fund its foreign currency needs in EUR, USD, JPY needs. Another example is Credit Suisse AG acting through its London branch.

Terms from the same category

Find Any Data on Any Bond in Just One Click

Full data on over 500,000 bonds and stocks worldwide

Powerful bond screener

Ratings from the top 3 global ratings agencies, plus over 70 local ones

Over 300 pricing sources from the OTC market and world stock exchanges

User-friendly and intuitive across multiple platforms

Get access

— Are you looking for the complete & verified bond data?

— We have everything you need:

full data on over 700 000 bonds, stocks & ETFs; powerful bond screener; over 350 pricing sources among stock exchanges & OTC market; ratings & financial reports; user-friendly interface; available anywhere via Website, Excel Add-in and Mobile app.



You will have detailed descriptive & pricing data for 650K bonds, 76K stocks, 8K ETFs
Get full access to the platform from any device & via Cbonds app
Enhance your portfolio management with Cbonds Excel Add-in
Build yield maps, make chart comparison within a click
Don't wait any longer — start using Cbonds today! Register
Registration is required to get access.