foreign bank
(3) Avoiding extraterritorial application to foreign banks (A) Transactions with affiliates Paragraph (1) shall not apply with respect to a foreign bank solely because the foreign bank has an insured branch. (B) Extensions of credit to officers, directors, and principal shareholders Paragraph (2) shall not apply with respect to a foreign bank solely because the foreign bank has an insured branch, but shall apply with respect to the insured branch. (C) “Foreign bank” defined For purposes of this paragraph, the term “foreign bank” has the same meaning as in section 3101(7) of this title .