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... serious economic damage at a regional level, the economic effects should largely be manageable at a macroeconomic level; they will have limited effects at global level. key risks in the global ... developments in international liquidity. given the high external financing needs, confirma- tion of the imf program is regarded as crucial. although the intention of establishing a new stand- by, with ...
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TEB NV FR 05.fh9
... were on average 1.2% cheaper than in the previous year. crop effects also played apartinthelowerpricedecreasesforfoodproductsin2005. in contrast, prices of clothes and shoes, and ... identification process is an essential element in an effective customer due diligence program. thisprogramhasbeenimplementedbythebanktoguard against reputation, operational, legal and concentration risk. it is also ...
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Microsoft Word - MBreport2010-08-04Final _final_.doc
... current-account balances. major central banks and governments will try to minimize the inflationary effects of excess liquidity without hurting the recovery or employment. in its latest global outlook ... this respect, customer identification is an essential element in an effective customer due diligence program. this procedure has been implemented by the bank to guard against reputation, operational ...
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