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Banking

2008 United Kingdom bank rescue package

During the period 2007–2009, the UK government intervened financially to support the UK banking sector, and four UK banks in particular.

Banking

2009 United Kingdom bank rescue package

A second bank rescue package totalling at least £50 billion was announced by the British government on 12 January 2009, as a response to the 2008 financial crisis. The package was designed to increase the amount of money that banks could lend to businesses and private individuals. This aid came in two parts: an initial £50 billion made available to big corporate borrowers, and a second u

Trading basics

Baltic Exchange

The Baltic Exchange (incorporated as The Baltic Exchange Limited) is a British financial services company and membership organisation for the maritime industry, and freight market information provider for the trading and settlement of chartering and derivative contracts.

Banking

Bank Indonesia Museum

Bank Indonesia Museum (Indonesian: Museum Bank Indonesia, occasionally called Museum BI), also called in English officially as BI Museum, is a bank museum located in Jakarta, Indonesia. It was founded by Bank Indonesia and opened on 21 July 2009. The museum is housed in a heritage building in Jakarta Old Town that had been the first headquarters of the Netherlands Indies gulden (De Javas

Banking

Bank rate

Bank rate, also known as discount rate in American English, and (familiarly) the base rate in European English, is the rate of interest which a central bank charges on its loans and advances to a commercial bank. The bank rate is known by a number of different terms depending on the country, and has changed over time in some countries as the mechanisms used to manage the rate have change

Banking

Banking in Guyana

Banking in Guyana follows the country's tumultuous economics history, from formal introduction under British rule, the socialist-oriented nationalization of banks at independence, to IMF sponsored open-market initiatives. The banking industry faces increased pressure to meet global standards domestically, as well as attract international investors, and serve the large number of diaspora

Banking

Banking in South Sudan

Established by the Bank of South Sudan Act of 2011, the Central Bank of South Sudan is statutorily mandated to regulate the operations of all financial institutions in the country, including commercial banks. The Central Bank fulfills this mandate by issuing prudential guidelines and regulations as provided for under the Act. In theory, the licensed commercial banks are obligated to oper

Trading basics

Barbadian dollar

The Barbadian dollar (sign: $; code: BBD) is the official currency in Barbados. It is often abbreviated to international unofficial abbreviations in Barbados such as: B$, BD$ or the International vehicle registration code BDS$ is also commonly used, a currency code that is otherwise reserved for Bangladesh (ISO 3166-1 country code BD) outside Barbados. As such the present Barbados dollar

Trading basics

Bitcoin in El Salvador

El Salvador was the first country in the world to use bitcoin as legal tender, after it was adopted as such by the Legislative Assembly of El Salvador in 2021. It has been promoted by Nayib Bukele, the president of El Salvador, who claimed that it would improve the economy by making banking easier for Salvadorans, and that it would encourage foreign investment. In 2022, more Salvadorians

Trading basics

Cape Verdean escudo

The escudo (sign: ; ISO 4217: CVE) is the currency of the Republic of Cape Verde. One escudo is subdivided into one hundred centavos.

Banking

Central bank independence

Central bank independence refers to the degree of autonomy and freedom a central bank has in conducting its monetary policy and managing the financial system and inflation targeting. The purpose of central bank independence is to maintain price stability, enhance the effectiveness of monetary policy, and ensure the stability of the financial system. Independent central banks have more cr

Banking

Central Bank of Honduras

The Central Bank of Honduras (Spanish: Banco Central de Honduras) is the central bank of Honduras, established in 1950. The president of the bank is appointed by President of Honduras for a term of four years.

Banking

Central Bank of Paraguay

The Central Bank of Paraguay (Spanish: Banco Central del Paraguay) is Paraguay's highest monetary authority, and the country's governing body, in finances and economics. Its headquarters are in Asunción's Carmelitas neighbourhood.

Banking

Central Reserve Bank of Peru

The Central Reserve Bank of Peru (Spanish: Banco Central de Reserva del Perú; BCRP) is the Peruvian central bank. It mints and issues metal and paper money, the sol.

Trading basics

Cuban convertible peso

The convertible peso (sometimes given as CUC$ and informally called a cuc or a chavito) was one of two official currencies in Cuba, the other being the Cuban peso. It had been in limited use since 1994, when its value was pegged 1:1 to the United States dollar.

Banking

Discount policy

Discount policy is a policy tool used by central banks to control the money in circulation by raising or lowering interest rates.

Banking

Discount window

The discount window is an instrument of monetary policy (usually controlled by central banks) that allows eligible institutions to borrow money from the central bank, usually on a short-term basis, to meet temporary shortages of liquidity caused by internal or external disruptions.

Trading basics

Eritrean nakfa

The nakfa (ISO 4217 code: ERN; Tigrinya: ናቕፋ naḳfa, or Arabic: ناكفا or نقفة nākfā) is the currency of Eritrea and was introduced on 15 November 1997 to replace the birr at par. The currency takes its name from the Eritrean town of Nakfa, site of the first major victory of the Eritrean War of Independence. The nakfa is divided into 100 cents.

Fiat currencies

Exchange rate regime

An exchange rate regime is a way a monetary authority of a country or currency union manages the currency about other currencies and the foreign exchange market. It is closely related to monetary policy and the two are generally dependent on many of the same factors, such as economic scale and openness, inflation rate, the elasticity of the labor market, financial market development, and

Finance

Financial Stability Board

The Financial Stability Board (FSB) is an international body that monitors and makes recommendations about the global financial system. It was established in the 2009 G20 Pittsburgh Summit as a successor to the Financial Stability Forum (FSF). The Board includes all G20 major economies, FSF members, and the European Commission. Hosted and funded by the Bank for International Settlements,

Finance

Financial Stability Forum

The Financial Stability Forum (FSF) was a group consisting of major national financial authorities such as finance ministries, central bankers, and international financial bodies. It was first convened in April 1999 in Washington. At the 2009 G20 London summit, the G20 nations established a successor to the FSF, called the Financial Stability Board with an expanded membership and broaden

Fiat currencies

Foreign exchange reserves

Foreign exchange reserves (also called forex reserves or FX reserves) are cash and other reserve assets such as gold and silver held by a central bank or other monetary authority that are primarily available to balance payments of the country, influence the foreign exchange rate of its currency, and to maintain confidence in financial markets. Reserves are held in one or more reserve cur

Securities & exchanges

Growth investing

Growth investing is a type of investment strategy focused on capital appreciation. Those who follow this style, known as growth investors, invest in companies that exhibit signs of above-average growth, even if the share price appears expensive in terms of metrics such as price-to-earnings or price-to-book ratios. In typical usage, the term "growth investing" contrasts with the strategy

Banking

Helicopter money

Helicopter money is a proposed monetary policy for inflation targeting, sometimes suggested as an alternative to quantitative easing (QE) when the economy is in a liquidity trap (when interest rates near zero and the economy remains in recession). Although the original idea of helicopter money describes central banks making payments directly to individuals, economists have used the term

Finance

History of the Federal Reserve System

The United States Federal Reserve System is the central banking system of the United States. It was created on December 23, 1913.

Banking

Inflation targeting

In macroeconomics, inflation targeting is a monetary policy where a central bank follows an explicit target for the inflation rate for the medium-term and announces this inflation target to the public. The assumption is that the best that monetary policy can do to support long-term growth of the economy is to maintain price stability, and price stability is achieved by controlling inflat

Trading basics

Investigation of 2025 Czech government Bitcoin scandal

Investigation of 2025 Czech government Bitcoin scandal comprises a series of political, legal, and media events following the replacement of Pavel Blažek by Eva Decroix as Minister of Justice in June 2025. This personnel change was precipitated by the outbreak of the so-called Bitcoin scandal.

Finance

Investment advisory

An investment advisory is a service that recommends certain securities primed for appreciation, usually through direct management of clients' assets or by way of written publications.

Finance

Investment performance

Investment performance is the return on an investment portfolio, which can contain a single asset or multiple assets.

Securities & exchanges

Investment style

Investment style,

Banking

İşbank Museum (Ankara)

İşbank Museum is a museum in Ankara, Turkey. The official name of the museum is "Economic Independence Museum" (Türkiye İş Bankası İktisadi Bağımsızlık Müzesi). This is the second museum of the bank the first being the İşbank Museum in Istanbul.

Finance

Ministry of Economy and Finance (Venezuela)

The Ministry of Economy and Finance (Ministerio del Poder Popular de Economía y Finanzas, in Spanish, literally, "Ministry of People's Power for the Economy and Finance") is a ministry of the government of Venezuela with similar portfolios dating back to 1810 with the creation of a tax office. When Gran Colombia was dissolved and Venezuela assumed its independence, the Ministry of Financ

Finance

Ministry of Finance (Rhodesia)

The Ministry of Finance was a cabinet ministry of the government of Rhodesia. It was responsible for overseeing the nation's public finances.

Finance

Ministry of Finance (Ukraine)

The Ministry of Finance of Ukraine (Ukrainian: Міністерство фінансів України) is the ministry of the Government of Ukraine charged with developing and implementing national financial and budget policies, and with defining national policies in customs and taxation. The ministry is responsible for ensuring that the state has enough resources to perform its functions and that financial poli

Finance

Ministry of Finance of Tajikistan

The Ministry of Finance (Tajik: Вазорати молияи Ҷумҳурии Тоҷикистон) is the Tajikistani government ministry which oversees the public finances of Tajikistan.

Finance

Ministry of Finances (Albania)

The Ministry of Finances (Albanian: Ministria e Financave) is a department of the Albanian Government, responsible for designing and implementing fiscal policies, preparing and administering the state budget, managing public finances, and supervising the tax and customs system in Albania. The current Minister is Petrit Malaj, who has held this position since 2024 and was reconfirmed aft

Fiat currencies

Monetary base

In economics, the monetary base (also base money, money base, high-powered money, reserve money, outside money, central bank money or, in the UK, narrow money) in a country is the total amount of money created by the central bank. This includes:

Fiat currencies

Monetary reform

Monetary reform refers to proposals to change a country's monetary system, including how money is created, regulated, and distributed. Such reforms seek to address perceived problems with current monetary schemes, like financial instability, wealth inequality, or inflation. Monetary reform movements grow during economic crises, proposing alternatives to prevailing systems.

Fiat currencies

Monetary sovereignty

Monetary sovereignty is the power of the state to exercise exclusive legal control over its currency and monetary policy. This includes the authority to designate a country's legal tender, control the money supply, set interest rates, and regulate financial institutions. Monetary sovereignty is crucial for national sovereignty, economic independence, and policy autonomy.

Banking

Monetary system

A monetary system is a system where a government manages money in a country's economy. Modern monetary systems usually consist of a national treasury, a mint, central banks and commercial banks.

Banking

National Bank of Panama

The National Bank of Panama (Spanish: Banco Nacional de Panamá, BNP) is one of two Panamanian government-owned banks. As of January 2009, it held deposits of about US$5 billion. The other government-owned bank is Caja de Ahorros de Panamá (Savings Bank of Panama), with about US$1 billion in total deposits.

Banking

Open market operation

In macroeconomics, an open market operation (OMO) is an activity by a central bank to exchange liquidity in its currency with a bank or a group of banks. The central bank can either transact government bonds and other financial assets in the open market or enter into a repurchase agreement or secured lending transaction with a commercial bank. The latter option, often preferred by centra

Trading basics

Pakistan Mercantile Exchange

Pakistan Mercantile Exchange, formerly known as National Commodity Exchange Limited is a futures commodity exchange based in Karachi, Pakistan. It is the only company in Pakistan to provide a centralised and regulated place for commodity futures trading and is regulated by Securities and Exchange Commission of Pakistan (SECP). It began its full trading operations on 11 May 2007.

Finance

Quantitative tightening

Quantitative tightening (QT) is a contractionary monetary policy tool applied by central banks to decrease the amount of liquidity or money supply in the economy. A central bank implements quantitative tightening by reducing the financial assets it holds on its balance sheet by selling them into the financial markets, which decreases asset prices and raises interest rates. QT is the re

Banking

Reserve requirement

Reserve requirements are central bank regulations that set the minimum amount that a commercial bank must hold in liquid assets. This minimum amount, commonly referred to as the commercial bank's reserve, is generally determined by the central bank on the basis of a specified proportion of deposit liabilities of the bank. This rate is commonly referred to as the cash reserve ratio or sh

Banking

Robert Morris (financier)

Robert Morris Jr. (January 20, 1734 – May 8, 1806) was a British-born American merchant, investor, and politician, and one of the Founding Fathers of the United States. Morris served in the Pennsylvania legislature, the Second Continental Congress, and the United States Senate. He was one of only two individuals (along with Roger Sherman) to sign the Declaration of Independence, the Arti

Trading basics

Salvadoran colón

The colón is the currency of El Salvador, used de jure since 1892. In 2001 it was replaced de facto by the U.S. dollar during the presidency of Francisco Flores. The colón was subdivided into 100 centavos and its ISO 4217 code is SVC, which didn't deprecate as a historical code. The plural is "colones" in Spanish and the currency was named after Christopher Columbus, known as Cristóbal C

Banking

Sir Francis Baring, 1st Baronet

Sir Francis Baring, 1st Baronet (18 April 1740 – 11 September 1810) was a British merchant, banker and politician. A member of the Baring family, he became the first of the Baring baronets.

Fiat currencies

Taylor rule

The Taylor rule is a monetary policy targeting rule. The rule was proposed in 1992 by American economist John B. Taylor for central banks to use to stabilize economic activity by appropriately setting short-term interest rates. The rule considers the federal funds rate, the price level and changes in real income. The Taylor rule computes the optimal federal funds rate based on the gap be

Finance

Trustco Bank Namibia

Trustco Bank Namibia Ltd., formerly the FIDES Bank Namibia, was a commercial bank in Namibia owned by Trustco Group Holdings. Its main commercial activity was to provide microfinancing services.

Trading basics

Turkmen manat

The manat (Turkmen: manat; abbreviation: m; code: TMT) is the currency of Turkmenistan. The original manat was introduced on 1 November 1993, replacing the ruble at a rate of 1 manat = Rbls 500. The manat is subdivided into 100 tenge (Turkmen: teňňe).

Trading basics

Unsecured debt

In finance, unsecured debt refers to any type of debt or general obligation that is not protected by a guarantor, or collateralized by a lien on specific assets of the borrower in the case of a bankruptcy or liquidation or failure to meet the terms for repayment. Unsecured debts are sometimes called signature debt or personal loans. These differ from secured debt such as a mortgage, whic