Task: Class Definition Understanding (ontology: Business_Finance/Financial_Industry_Business_Ontology)

Which of the following definitions best describes 'foreign bank'?

A. financial institution organized under the laws of a foreign country, a territory of the United States, Puerto Rico, Guam, American Samoa, or the Virgin Islands, which engages in the business of banking, or any subsidiary or affiliate, organized under such laws, of any such institution
B. bank that is owned or controlled by a US depository institution, Edge Act corporation or trust company
C. limited service financial institution that raises funds by selling certificates called 'investment shares' and by accepting deposits
D. depository institution that engages in various financial services, such as accepting deposits and making loans

Answer: financial institution organized under the laws of a foreign country, a territory of the United States, Puerto Rico, Guam, American Samoa, or the Virgin Islands, which engages in the business of banking, or any subsidiary or affiliate, organized under such laws, of any such institution