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Bank for International Settlements

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  • Anonymous

Abstract

The 29th annual report of the Bank for International Settlements, covering the financial year from April 1, 1958, to March 31, 1959, was submitted to the annual general meeting of the Bank held at Basle on June 8, 1959. In his introduction to the report, the General Manager of the Bank, Mr. Guillaume Guindey, announced a net profit amounting to 9,550,894 gold francs at the close of the financial year, compared with 9,317,738 gold francs for the preceding year. Declaration of a dividend of 6 percent was again recommended, involving the distribution of 7,500,000 gold francs, so that the sum of 9,279,928 gold francs would be carried forward.

Suggested Citation

  • Anonymous, 1959. "Bank for International Settlements," International Organization, Cambridge University Press, vol. 13(3), pages 486-486, July.
    • Handle: RePEc:cup:intorg:v:13:y:1959:i:3:p:486-486_23
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    Cited by:

    1. Michael Michaely, 1971. "Italy," NBER Chapters, in: The Responsiveness of Demand Policies to Balance of Payments: Postwar Patterns, pages 141-155, National Bureau of Economic Research, Inc.
    2. Paqué, Karl-Heinz, 1987. "Labour surplus and capital shortage: German unemployment in the first decade after the currency reform," Kiel Working Papers 290, Kiel Institute for the World Economy (IfW Kiel).
    3. Georg Rich, 1997. "Do Central Banks Need Minimum Reserves?," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 133(IV), pages 691-708, December.
    4. Schmieding, Holger, 1987. "How to fill a dollar gap? Observations on the liberalisation of West Germany's external trade and payments 1947-1958," Kiel Working Papers 291, Kiel Institute for the World Economy (IfW Kiel).

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