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.
This article is about the American political party also known as the 'Populists' which existed from 1891 to 1908. For other American and worldwide parties using the term populists, see Populist Party. For the American party with the same name which was active in the 1970s, see People's Party (United States, 1971) .For the party existing in the Utah Territory from 1870-1891, see People's Party (Utah) .The People's Party, also known as the Populist Party or the Populists, was a short-lived agrarian-populist political party in the United States that most historians agree was on the left-wing of American politics.he party's platform, commonly known as the Omaha Platform, called for the abolition of national banks, a graduated income tax, direct election of Senators, civil service reform, a working day of eight hours and Government control of all railroads, telegraphs, and telephones.