One of the most noticeable differences in the modern economy: transnational banks have seriously strengthened their positions. Their role in the consolidation of various capital has increased. Multinational banks are giant financial institutions with a wide network of overseas branches. They operate with huge capital, constantly expanding their power in the economy.
The movement of the latter from one country to another can lead either to an increase in the welfare of a state or to the opposite effect. At the same time, large capital is guided only by its own profit. If his interests are the same as those of any state, transnational banks can provide them with significant
competitive advantages.The main differences between their activities are the international character and the high level of security of operations performed, the universalization of work.
Transnational banks have as their main goal the mobilization of finances in those places where it is easy and profitable, and their involvement where it promises maximum profit. They can transfer their capital from one place to another.
Developed countries support their transnational banks in order to attract tax funds from a number of financial transactions. This helps to expand not only its economic, but also political influence. The support of developed countries for their transnational banks in the end can lead to the establishment of control over the finances of less powerful countries.
Such large organizations are constantly fighting for the influx of new money. Therefore, transnational banks do not disdain even small investors. However, they prefer to deal with serious borrowers. Working with large enterprises and international corporations is beneficial, in addition, there is no risk. Transnational banks give industrial firms a total of up to forty percent of the total number of foreign loans. They are provided for any period in almost all existing types of currencies.
First of all, objects of the most promising sectors of the economy are credited. The main clients of transnational organizations are companies involved in the import or export of products, correspondent banks, large companies that need funds for investments, and various state institutions.
Among the twenty best international institutions are some European, American, Japanese, Chinese banks. The following organizations are included in this rating: multinational bank Barclays, Mizuho Financial, Deutsche Bank, Societe Generale, Banco Santander, Sumitomo Mitsui. All of them are trusted by customers.
An institution such as the Transnational Bank operates in Moscow. This financial institution is small in terms of net assets. He mainly deals with servicing small or medium-sized businesses. The quality of service in it is currently not the highest, as evidenced by the reviews. A multinational bank, among other things, carries out operations with currency and attracts funds of citizens.