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Old 01-02-2008, 09:21 PM
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Oh not at all. Starting a bank is not much different that starting a company offshore. You just need more money and more time to setup everything.
Basically what you are saying is that you cannot conduct a banking business in your own country, which does not matter as you can do an online bank. All it requires is that you know how to run your bank so that it seems like an interesting venture for companies and investors.
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