DEFINITION of 'International Banking Facility - IBF'. A facility that allows depository institutions in the United States to offer deposit and loan services to foreign residents and institutions, while being exempted from reserve requirements imposed by the Federal Reserve and some state and local income taxes.
Top 10 unbelievable historical concurrencies. A populist is a person who subscribes to the political philosophy of populism, which is in favor of supporting the rights of the masses and giving power to the people in the struggle against the privileged upper class.op 10 unbelievable historical concurrencies. A populist is a person who subscribes to the political philosophy of populism, which is in favor of supporting the rights of the masses and giving power to the people in the struggle against the privileged upper class.
Written By: Populism, political program or movement that champions the common person, usually by favourable contrast with an elite. Populism usually combines elements of the left and the right, opposing large business and financial interests but also frequently being hostile to established socialist and labour parties. 1  The term populism can designate either democratic or authoritarian movements. Populism is typically critical of political representation and anything that mediates the relation between the people and their leader or government.