Meaning of “the Bank for International Settlements” in the English Dictionary

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"the Bank for International Settlements" in Business English

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the Bank for International Settlementsnoun

uk us abbreviation BIS

BANKING, FINANCE an international organization based in Switzerland that helps different countries work together in financial matters, and that serves as a bank for the central banks of those countries

(Definition of “the Bank for International Settlements” from the Cambridge Business English Dictionary © Cambridge University Press)