Section 202. Rates of interest; installment obligations; personal loan departments; effect of usury

Branches and agencies of  foreign  banking  corporations  licensed  to  do business in this state may make loans and
  offer extensions of credit to the same extent and subject  to  the  same
  conditions as banks and trust companies may make loans and extend credit
  pursuant  to  the  provisions of subdivisions four-a and five of section
  one hundred three of this chapter and section one hundred eight of  this
  chapter.  Without  limiting the foregoing, a foreign banking corporation
  licensed pursuant to article two of this chapter to maintain one or more
  branches or agencies in this state, may, in pursuance of  its  otherwise
  lawful  powers  under  this chapter, take, receive, reserve or charge on
  any loan or discount made, or upon any note, bill of exchange  or  other
  evidence  of  debt,  negotiable  or otherwise, interest at such rate and
  such other charges and  fees  as  a  bank  or  trust  company  shall  be
  permitted  to  charge  under the provisions of the laws of this state or
  the laws of the United States, with respect to the same class or classes
  of loans or transactions to which such rate or  such  charges  and  fees
  shall be applicable.