From the category archives:

Asia

Dubai Free Trade Zone, International Financial Center

by Mariska Clark on February 9, 2010

With the creation of the free trade zone called Dubai International Financial Centre, the emirate of Dubai became a more luring spot and the offshore banking business flourished quite quickly. There were many advantages and incentives for that. First, it is well-known that Dubai has a geographically strategic position being a bridge between Europe and […]

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Currently sixty of world’s hundred largest banks operate in Hong Kong making it one of the world’s largest offshore banking centers. Strong banking system, exchange rate stability through currency board regime and liberal economic model makes Hong Kong one of the most attractive investment destinations. Hong Kong represents a secure place for keeping savings. It […]

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Bahrain is an island state. It lies 300 miles of Dubai, Abu Dhabi, Kuwait, Qatar and Saudi Arabia. Bahrain’s economy is heavily oil based and has been developing since the mid-1960s. Bahrain also has become a service center for its surrounding countries. There is a free trade zone in Mina Sulman which is the main […]

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Singapore Offshore Banking List, Bank Addresses

by Elliot Clark on December 18, 2008

List of Asian Currency Units (ACU) in Singapore Offshore Banking Center: Offshore Banking Institution Singapore Address Absa Group Limited 9 Temasek Boulevard Agricultural Bank of China 80 Raffles Place Arab Bank PLC 80 Raffles Place Banca di Roma S.P.A. 9 Raffles Place Banca Monte Dei Paschi di Siena S.P.A. 10 Collyer Quay Bank of Communications […]

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Offshore Banking in Cyprus, International Banking Unit

by Elliot Clark on November 29, 2008

In the legislation of Cyprus offshore banking is defined as a service that is rendered by a banking entity that is under the ownership of Cyprus non-resident and renders services to non-residents. However this does not include the transactions that Cyprus non-residents conduct in the domestic banks of Cyprus including those conducted at foreign branches […]

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