International Financial Institutions
International Financial Institutions
International Financial Institutions
FINANCIAL INSTITUTIONS
•Bank of England
•The Federal Reserve System (The Fed)
•European Central Bank (ECB)
Major central banks in the globe
World Bank
&
International Monetary Fund (IMF)
•Subscription by members
SDR
•Borrowings
General Arrangements to Borrow (GAB) 1962
New Arrangement to Borrow (NAB) 1998
Established in President HQ
1991 Jean Lemierre London
•Bank of England
•The Federal Reserve System (The Fed
•European Central Bank (ECB)