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.
Populism is a doctrine that appeals to the interests and conceptions (such as hopes and fears) of the general population, especially when contrasting any new collective consciousness push against the prevailing status quo interests of any predominant political sector. Populist democracy, including calls for more political participation through reforms such as the use of popular referenda. 2  Politicians' populism marked by non-ideological appeals for the people to build a unified coalition. 3  Reactionary populism, such as the white backlash harvested by George Wallace.