The international bank operations

Foreign branches of the American banks. In 1985 175 banks of the USA had 900 branches in more than 80 foreign countries and regions outside of the USA. Foreign actives of the American banks have reached 458 billion dollars, that is about one heel of their cumulative actives in the country. Expansion abroad gives the chance to banks of the USA to give the big support to multinational corporations and to give out loans in those areas, where rates of loan percent the greatest. For opening of foreign branches it is necessary for Banks-members FRS to obtain the permit from Board of governors of Federal Reserve System.