What Is Bank For International Settlements. BIS is essentially a bank of bank of banks. Banks within a country work with a reserve/central bank and these central banks all bank with with the Bank of International Settlements.
While its purpose has changed and evolved over the decades, the BIS has.
Bank for international settlementsbank for international settlements.
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Bank For International Settlements
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Bank for International Settlements
The Bank for International Settlements does not provide services to individuals or companies; its mission, instead, is to foster "international monetary and financial cooperation." What is the Bank for International Settlements (BIS)? BIS is the world's oldest international. When established, the BIS was responsible for the collection, administration and distribution of reparations.
