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| Definition Of: |
Administered Bank
A term used to describe a bank without a full stand-alone presence in Guernsey. An administered bank differs from a class "B" or managed bank by requirement that its books and records must be maintained in Guernsey where they are locally audited.
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Banking INDEX:
List of Terms: Terms beginning with "A", Page 1 |
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1 2 3 A: Page 1 of 3.
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