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Investopedia
Offshore Banking Unit (OBU): Definition and How They Work
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What Is an Offshore Banking Unit (OBU)?
An offshore banking unit (OBU) is a bank shell branch, located in another international financial center. For instance, an offshore banking unit could be a London-based bank with a branch located in Delhi. Offshore banking units make loans in the...
An offshore banking unit (OBU) is a bank shell branch, located in another international financial center. For instance, an offshore banking unit could be a London-based bank with a branch located in Delhi. Offshore banking units make loans in the...
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- June 28, 2023