International Banking Environment International Banking Problems Since the end of the world wars, the growth and integration of the world economy has gone hand in hand with the expansion of trade around the world. Banks followed their foreign policy and gave loans to the state, which caused a crisis for the country's economy. Over the last two decades, international trade has grown in complexity and risk. Until recently, international trade was mostly limited to providing foreign currency and financing certain export and export transactions through letters of credit and guarantees. An international bank is a bank that accepts foreign deposits, finances international trade and is a worldwide operating bank that provides related and other services such as protection and advisory. The main difference between domestic banks and 4,444 international banks is the types of deposits they accept and the loans and investments they make. Large international banks borrow and lend from the European financial market. Also, are members of international organizations that provide large loans to different companies in need of financing, usually with other international banks governments need financial development. The skills that most international banks offer advice and advice to their clients include:- Currency Hedging Strategies, Interest rates and currency financing, International Cash Management Services. Rationale for International Banking (a) Low marginal cost Management and business knowledge developed domestically can be used abroad at low cost. (b) Good information a foreign business can use the contact person of the parent bank and knows how to use the credit check for foreign business. (c) Domestic Services Local companies in foreign markets can obtain more complete information about the economic and financial situation of more than foreign banks in the country. Introduction ❖ Definition World Bank and Multinational/International Bank refers to a large bank with banks in many countries. Global banks are combining new business models and processes with new tools and technologies designed to deliver competitive services globally. Examples of International Banks
International Monetary Fund, World Bank, Regional Development Banks, etc. International Monetary Fund (IMF) International Monetary Fund (IMF) was established on 27 December 1945 with 29 countries. Its financial situation on March 1, 1947 was the result of the Bretton Woods International Conference in 1944, which discussed and produced practical solutions to major international economic problems, including the rebuilding of the economy devastated by the Second World War. The International Monetary Fund is the main institution of the international financial system. It aims to prevent the crisis by encouraging the country to adopt good political policies. Also, as the name suggests, the Fund can be used by members who need temporary financing to solve the balance of the problem.