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Word: gosbank (lookup in dictionary) (lookup stats)
Dates: during 1960-1969
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Usage:

...sleek second-floor offices on the Schützengasse, is a Swiss-chartered joint stock company with initial assets of $2.3 million. It has been christened Wozchod Handelsbank, or Sunrise Commercial Bank; Chairman Albert Nikolaevich Belishchenko, 36, a career banker who was formerly vice-director of Moscow's Gosbank, says the name refers to the spaceships that the Russians launched in 1964 and 1965. Belishchenko takes pains to allay Swiss fears that Moscow will use the bank to dump gold and otherwise disrupt the tiny nation's financial ties to other Western countries. "The Soviet government wants...

Author: /time Magazine | Title: U.S.S.R.: How to Succeed As a Socialist Banker | 11/18/1966 | See Source »

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