Foreign Trade of The Soviet Union - Banks

Banks

The Soviet Union controlled a number of banks abroad. The banks were used in foreign trade, espionage, money laundering and funding of Communist parties.

Examples:

  • Moscow Narodny Bank in London
  • Banque Commerciale pour l'Europe du Nord, also called Eurobank, in Paris
  • Garantie- und Kreditbank für den Osten in Berlin
  • Ost-West Handelsbank in Frankfurt
  • Wozchod Handelsbank in Zurich
  • Donau Bank in Vienna
  • East-West United Bank in Luxembourg

Read more about this topic:  Foreign Trade Of The Soviet Union

Famous quotes containing the word banks:

    Three million of such stones would be needed before the work was done. Three million stones of an average weight of 5,000 pounds, every stone cut precisely to fit into its destined place in the great pyramid. From the quarries they pulled the stones across the desert to the banks of the Nile. Never in the history of the world had so great a task been performed. Their faith gave them strength, and their joy gave them song.
    William Faulkner (1897–1962)

    I am an intelligent river which has reflected successively all the banks before which it has flowed by meditating only on the images offered by those changing shores.
    Victor Hugo (1802–1885)

    The world is a puzzling place today. All these banks sending us credit cards, with our names on them. Well, we didn’t order any credit cards! We don’t spend what we don’t have. So we just cut them in half and throw them out, just as soon as we open them in the mail. Imagine a bank sending credit cards to two ladies over a hundred years old! What are those folks thinking?
    Sarah Louise Delany (b. 1889)