Tag archives for International Banking

International Banking

What is Offshore Banking

Definition The term ‘offshore banking’ refers to having a bank account in a bank that is located in a country outside the country of residence of the depositor.  Offshore banking is often associated with tax-exempt, or low tax, jurisdictions that provide a set of advantages for its customers. Offshore...
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Global Economics

India’s economic problems

In 2003, Jim O’Neill, a global economist at Goldman Sachs proposed a term BRIC for four emerging markets – Brazil, Russia, India and China. O’Neill believed that these countries possessed immense potential which would ultimately materialize and result in them becoming the most dominant economies by 2050. For India...
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International Banking

Advantages and disadvantages of offshore bank accounts

For over a decade, Healy Consultants Group PLC is assisting our Clients open both, personal and corporate bank accounts in every country in the world. Here are the advantages and disadvantages of offshore bank accounts. Add this infographic to your site <a href=”http://www.healyconsultants.com/blog/wp-content/uploads/2013/09/International-banking-advantages-disadvantages.gif”><img class=”alignleft size-large wp-image-2228″ alt=”Healy Consultants Group...
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International Banking

[VIDEO] International banking regulation in Asia on the rise

Entrepreneurs investing in Asia are likely to have stumbled on one recent trend: opening a corporate bank account in Asia is really hard. Here is our interview with Healy Consultants Group PLC’ Client Relationship Manager, Ashima Khanna, on international banking regulation in Asia and how they’ve impacted clients. You can...
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International Banking

Offshore banking

Here are Healy Consultants Group PLC’ What, Why and Where of International/Offshore banking. Add this infographic to your site <a href=”http://www.healyconsultants.com/blog/wp-content/uploads/2013/09/International-banking-infographic.gif”><img class=”alignleft size-large wp-image-2228″ alt=”International-banking-infographic” src=”http://www.healyconsultants.com/blog/wp-content/uploads/2013/09/International-banking-infographic.gif” width=”720″ /></a>Created by <a href=”http://www.healyconsultants.com”>Healy Consultants Group PLC</a>...
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International Banking

Offshore Banking Explained

Many entrepreneurs and individuals have heard about offshore banking, but are unsure about the benefits, legal implications, or even what it entails. By gaining a better understanding of offshore banking, entrepreneurs can decide whether it is relevant to their company, and to their own investments. Technically speaking, an offshore...
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Markets and Finance

Singapore may overtake Switzerland as world’s largest offshore wealth hub

A report by London-based research firm WealthInsight says that Singapore may overtake Switzerland in terms of offshore assets under management as early as 2020. Singapore currently has US$550 billion in assets under management, which is up more than tenfold since 2000. The report said that Switzerland’s assets under management...
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