NBS #17 National Bank of Serbia Relations with the world

http://www.nbs.rs/export/internet/english/40/40_1/index.html - 1931. The participation of the former Socialist Federal Republic of Yugoslavia in the BISs share capital amounted to 8,000 shares, 4,000 of which were subscribed for on June 30th 1931, whereas the subscription of the remaining part took place on June 9th 1969. The total value of the shares amounts to 20 million gold francs, representing 1.33% of the total BIS capital. More specifically, in question are five million in effective money and 15 million in "on-call capital", which brings in an annual dividend worth approximately 200 gold francs per share). On December 18th 2000, the National Bank of Yugoslavia and the BIS reached an agreement for a loan worth USD 100 mil. secured against gold and foreign exchange reserves of the former SFRY with the BIS. The Federal Republic of Yugoslavia officially re-joined the Bank for