Foreign banks refer to:
(1) A wholly foreign-owned bank in China. The business scope of foreign banks varies according to the laws and management systems of banks in different countries.
(2) Some countries restrict the business scope of foreign banks in order to stabilize their currencies; Some countries treat the business management of foreign banks equally with domestic banks.
(3) mainly rely on the understanding of the international financial market and extensive international outlets to provide loans to domestic enterprises and multinational companies in other countries to support their outward expansion and direct investment.
(4) Some foreign banks are founded by banks of one country, and some are jointly invested by banks of several countries.