International Banking Facility - IBF
A facility that accepts deposits and offers loans to foreign customers and businesses.
|||These institutions aren't bound by the interest rate restrictions and reserve requirements to which domestic lenders are confined. As a result, they are competitive with foreign banks enjoying the same liberties.
|||These institutions aren't bound by the interest rate restrictions and reserve requirements to which domestic lenders are confined. As a result, they are competitive with foreign banks enjoying the same liberties.
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