# Agency and in A also agency (agency bank)

- Canonical URL: https://www.gerhardmerk.de/agency-and-in-a-also-agency-agency-bank
- Post ID: 588348
- Modified: 2023-07-25T20:47:27+00:00
- Language: en

## Definition

In the financial market, the representation of an institution abroad (a form of organization frequently used by foreign banks to enter a foreign market, especially in the USA. An agency bank generally may not accept deposits or extend loans in its own name; it acts as agent for the parent bank). The scope of an agency's activities depends on the respective laws and regulatory requirements in the host country. - See agglomeration effect, alliances, cross-border, foreign branch, European passport, credit institution, cross-border, onshore banking, representative office, branch. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

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