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Home > QFINANCE Dictionary > Definition of Bank for International Settlements

Definition of

Bank for International Settlements

Banking

bank dealing with international finance a bank that promotes cooperation between central banks, provides facilities for international financial operations, and acts as agent or trustee in international financial settlements. The 17-member board of directors consists of the governors of the central banks of Belgium, Canada, France, Germany, Italy, Japan, the Netherlands, Sweden, Switzerland, the United Kingdom, and the United States.

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Definitions of ’Bank for International Settlements’ and meaning of ’Bank for International Settlements’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’Bank for International Settlements’ and other financial terms with our online QFINANCE Financial Dictionary.

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