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Eurobanks are: A. financial intermediaries that simultaneously bid for time deposits in and make loans in a currency other than that of the currency of

Eurobanks are:

A. financial intermediaries that simultaneously bid for time deposits in and make loans in a currency other than that of the currency of where it is located.

B. major world banks that conduct a Eurocurrency business in addition to normal banking activities.

C. banks where Eurocurrencies are deposited.

D. All of the above are descriptions of a Eurobank.

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