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.
Â· The populist movement is a political reform movement led by farmers in the late 1800s which resulted in the formation of the Populist Party. Â· Another movement known as the progressive movement, was one that lasted from about 1900 to 1918, it was a movement that associated moderate social reform with progress.