Accounts

Annual accounts of the ECB

ANNUAL ACCOUNTS - Annual accounts of the ECB for the year ending 31 December 2001 released 21 March 2002 (to be published in the ECB's Annual Report 2001 on 23 April 2002).

Brazil c bank criticised for paranoia

BRAZIL - The Central Bank has come under criticism for giving too much priority to its inflation targets. On Tuesday, Rio de Janeiro federal university economics professor Reinaldo Goncalves said "a anti-inflation paranoia" has been created, leaving…

IMF spotlight on Argentina

ARGENTINA - An International Monetary Fund mission arrives in Buenos Aires on Sunday to study the country's accounts and decide whether to continue disbursing funds from Argentina's loan programme.

Bundesbank chief backs tighter scrutiny

Germany's Bundesbank put its weight behind Berlin's efforts to combat money laundering and tighten up scrutiny of potential terrorist accounts on Tuesday, in spite of possible infringements of bank secrecy.

G7 respond to Bush's call to freeze accounts

US - Washington's G7 partners have begun to respond to President George Bush's call yesterday to freeze financial accounts of a list of suspected terrorist organisations and individuals linked to them.

Russians allowed to open accounts in foreign banks

RUSSIA - Russia's Central Bank allowed Russian citizens to open accounts in foreign banks for non-business purposes, according to the CBR ruling, published in CBR's official bulletin today, 19 September. The ruling takes affect in ten days.

RBI pulls up IFCI for poor supervision

INDIA - The Reserve Bank of India has come down heavily on the Industrial Finance Corporation of India (IFCI) for poor supervision of its loan portfolio, lack of proper asset liability management (ALM), rollover of sticky accounts and improper asset…

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