offshore

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Related to Overseas Banks: Swiss banks

offshore

based or operating abroad in places where the tax system is more advantageous than that of the home country

offshore

[′ȯf¦shȯr]
(geology)
The comparatively flat zone of variable width extending from the outer margin of the shoreface to the edge of the continental shelf.
References in periodicals archive ?
Ho: There is no different in job satisfaction among employee in Indian overseas banks based on marital status.
The result shows that there is significant difference in the job satisfaction experienced by the employees in Indian overseas banks based on income.
With this development, overseas banks will now be able to establish "wholly owned subsidiaries" in India, facilitating the entities to start operations of new branches across the nation.
According to proposals made by a joint central bank and finance ministry panel, overseas banks would have to sell at least a 26 percent stake in their local subsidiaries and meet government targets for lending.
We are considering proposals from overseas banks to sell this product.

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