Transnational banks and the movement of large capitals
One of the most notable differences between moderneconomy: transnational banks have seriously strengthened their positions. Their role in the consolidation of various capitals has increased. Transnational banks are huge financial institutions that have a wide network of overseas branches. They operate with huge capital, constantly expanding their power in the economy.Movement of the latter from one country to another canlead either to an increase in the welfare of a particular state, or to the opposite effect. Large capital is oriented only to its own benefit. If its interests are the same as those of any states, transnational banks can provide them with significant competitive advantages.
The main differences in their activities are the international character and high level of security of operations, universalization of work.
Transnational banks have the main objectivemobilization of finance in those places where it is easy and profitable, and using them where it promises the maximum profit. They can transfer their capitals from one place to another.
Developed countries support their ownTransnational 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 by their transnational banks can ultimately lead to the establishment of control over the finances of less powerful countries.
Such large organizations are constantly fightingfor 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 in this. Transnational banks give out to industrial firms a total of up to forty percent of the total number of foreign loans. They are provided for any term in almost all existing types of currencies.
The objects of the mostpromising sectors of the economy. The main clients of transnational organizations are companies engaged in import or export of products, correspondent banks, large companies that need funds for investments, as well as various state institutions.
Among the twenty best international institutionsthere are some European, American, Japanese, Chinese banks. The following organizations are included in this rating: transnational bank Barclays, Mizuho Financial, Deutsche Bank, Societe Generale, Banco Santander, Sumitomo Mitsui. All of them are trusted by customers.
In Moscow there is such an institution asTransnational bank. The financial institution in terms of net assets is small. It is mainly engaged in servicing representatives of small or medium-sized businesses. The quality of service in it at the moment is not the highest, as evidenced by the reviews. The transnational bank, among other things, makes transactions with currency and attracts funds from citizens.