offshore

(redirected from Overseas Bank)
Also found in: Dictionary, Thesaurus, Financial, Encyclopedia.

offshore

a term used to describe vehicles or institutions based in, or regulated by, the laws of a jurisdiction that either has no tax or low tax for non-locals and that specializes in providing services of a financial or legal nature to persons and businesses ‘onshore’, that is to say, in high-tax jurisdictions. While many such jurisdictions are based on islands, which has brought about the terminology in a literal sense, the littoral location of the investment is irrelevant.

Collins Dictionary of Law © W.J. Stewart, 2006

Mentioned in ?

References in periodicals archive ?

Indian Overseas Bank (IOB) has said that it is expecting to report profits.

Indian Overseas Bank expecting to report profits

Singapore-based United Overseas Bank (UOB) has announced that it has opened its first branch in Hanoi.

United Overseas Bank launches first Hanoi branch

Agra (Uttar Pradesh) [India] May 30( ANI ): A monkey on Wednesday snatched a bag full of two lakh rupees from a father and daughter at the entrance of Indian Overseas Bank at Dhankaran intersection in Navi's mandi in Agra.

Monkey snatches Rs. 2 lakh cash bag from man

We are pleased to add Indian Overseas Bank to our list of Ranger partners, and look forward to supporting them in their quest to provide outstanding service to their own customers.

INDIAN OVERSEAS BANK CHOOSES SILVER BULLET RANGER

According to Jean-Pierre Lambert, an analyst at Keefe, Bruyette & Woods who was quoted by Reuters, the Asian arm may account for between EUR10bn (USD13.3bn) and EUR12bn of assets under management.Country: SingaporeSector: Banking/Financial ServicesTarget: SocGen's Asian private banking armBuyer: Standard Chartered Bank Plc, United Overseas Bank Ltd, DBS Group Holding LtdVendor: Societe Generale SA (SocGen)Type: DivestmentStatus: Speculation, AuctionComment: A deal could fetch at least USD600m according to Reuters.

SocGen mulls selling Asian private bank - report

Singapore's United Overseas Bank (U11.SG) (OTCBB: UOVEY) has said that it is planning to sell a three- year bond worth AUD300m at 95 to 98 basis points over the Bank Bill swap rate, Dow Jones has reported citing a person familiar with the proposed deal.

-United Overseas Bank plans AUD300m bond issuance

Ho: There is no different in job satisfaction among employees in Indian overseas bank based on gender.

Job satisfaction and demographic variables--is there any link?

United Overseas Bank Limited (United Overseas Bank) (U11.SG), a Singapore-based bank, has signed a contract to offer USD40m loan to Nhon Trach 2 Power Joint Stock Company, the Dau Tu newspaper has reported.

United Overseas Bank to provide loan to Nhon Trach 2 Power Joint Stock Company

Global Banking News-August 23, 2019--Indian Overseas Bank expecting to report profits

Indian Overseas Bank expecting to report profits

M2 EQUITYBITES-August 23, 2019--Indian Overseas Bank expecting to report profits

Indian Overseas Bank expecting to report profits

21 (ANI): Indian Overseas Bank (IOB), one of the leading public sector banks, on Friday entered into an agreement for information utility services with the National E-Governance Services Limited (NeSL).