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Friday, October 31, 1997 Published at 14:33 GMT



World: Europe

Swiss Holocaust Fund Grows

The Swiss National Bank is to pay about seventy-million dollars into a special fund for victims of the Nazi Holocaust and their survivors.

The fund was set up by Switzerland's three biggest commercial banks -- U-B-S, S-B-C and Credit Suisse -- in February, following accusations that they profited from assets of Holocaust victims.

The central bank contribution puts the fund at almost two-hundred-million dollars.

The Swiss government has already announced plans to establish its own humanitarian fund, worth five-billion dollars, for victims of the Holocaust and other catastrophes.

From the newsroom of the BBC World Service








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