Presentation Of Offshore BankingThe offshore industry has developed into a major business spanning all quarters of the globe, and involving in one way or another, half of the world''''s financial transactions by value. Offshore financial centers are all rushing to get involved in e-commerce so they can attract technology entrepreneurs to their shores. All offshore banks are striving to meet the needs of e-businesses and offer a full range of services.
The following questions have been addressed in this article:How did the offshore banking industry developed?
What type of services do offshore banks provide?
Are international financial centers specialized?
What is the reputation of offshore banks?
How are offshore banks regulated?