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International activities
12 Months Ended
Dec. 31, 2012
International activities

17.    International activities

The Company engages in certain international activities consisting largely of collecting Eurodollar deposits, engaging in foreign currency trading, providing credit to support the international activities of domestic companies and holding certain loans to foreign borrowers. As a result of the Wilmington Trust acquisition, the Company offers certain trust-related services in Europe and the Cayman Islands. Revenues from providing such trust-related services were approximately $24 million in 2012 and $15 million in 2011. Net assets identified with international activities amounted to $179,433,000 and $159,579,000 at December 31, 2012 and 2011, respectively. Such assets included $148,602,000 and $128,187,000, respectively, of loans to foreign borrowers. Deposits at M&T Bank’s Cayman Islands office were $1,044,519,000 and $355,927,000 at December 31, 2012 and 2011, respectively. The Company uses such deposits to facilitate customer demand and as an alternative to short-term borrowings when the costs of such deposits seem reasonable.