TAILIEUCHUNG - Heinrich Haasis

A number of governments have issued bonds to raise capital among their diasporas. Israel has issued diaspora bonds annually since 1951 through the Development Corporation to raise long-term infrastructure investment capital. Egypt reportedly issued bonds to Egyptian workers in the Middle East in the late 1970s. India issued diaspora bonds in 1991, 1998, and 2000 to avoid balance-of-payments crises and to shore up international confidence in India’s financial system during times of financial sanctions or special needs. Sri Lanka has offered Sri Lanka Development Bonds since 2001 to a number of investor categories including nonresident Sri Lankans, while Ghana offered. | Rede des Prăsidenten der Europăischen Sparkassenvereinigung Heinrich Haasis anlăsslich der ESV-Konferenz am 2. Oktober 2008 in Brussel Die Sparkassen Gestalter der Europăischen Regionen Savings Banks Invest in the Region Invest in People . Ladies and Gentlemen I am welcoming you to today s ESBG conference which is dedicated to the theme Savings Banks Main Builders of the Region It focuses on the development of local and regional economies and the role savings banks play in the promotion of this entrepreneurship. This conference is an initiative of the ESBG Savings Banks History Group which is a group composed of academics editors and savings banks practitioners from different European member countries. It is the Study Group s goal to stimulate and promote research on the European savings banks and savings in general by organizing bi-annual conferences like this and the Savings Banks Academic Award editions Indeed during yesterday s dinner ESBG handed out its Savings Banks Academic Award a distinction given to an outstanding academic research into the savings banks industry in Europe and the concern that European savings banks have an important historical legacy that impacts the current and future banking environment. The Savings Banks Academic Award has been attributed to Mr. Stefan Gartner for his excellent research on the significance of German Savings Banks in regional structural and cohesion policy. Furthermore Mrs Fatmia Vegholm for her outstanding research on Bank Identity and Image in Sweden and Mr. Tournié for his research on the behavior of savers confronted with political crises during 20h Century France have been awarded with a second and third prize. The first Savings Banks were created in my home country Germany at the end of the 18th Century. This started a wave which spread the savings banks idea through the whole European continent. In 2010 Lloyds TSB Scotland will celebrate the 200 years anniversary of the creation of their first savings banks in .

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