For a foreign bank in China, borrowing medium to long-term funds from its parent bank will improve its liquidity.

For a foreign bank in China, borrowing medium to long-term funds from its parent bank will improve its liquidity.

A Canadian parent bank can claim a deduction for certain amounts of non resident withholding tax paid for interest arising from amounts that the parent bank owes to its non resident affiliate.

Or did he really believe that our friendly Dutch allies owned the Union Banking Corporation and its parent bank in Rotterdam?

Alternatively, the parent authority should not allow the parent bank to operate such intermediate holding companies.