Bank for international settlements (bis), Accounting Basics

Bank for International Settlements (BIS)

A consortium bank recognized to coordinate the collection and rescheduling of German reparations after World War I, the BIS has survived as a world central bank for 10 member countries. With consensus authorization from its member central banks, the BIS set standards for the global banking system.

Posted Date: 10/15/2012 2:36:48 AM | Location : United States

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