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Bank for International Settlements (BIS)

As the world's oldest international financial institution, Basel, Switzerland-based BIS was founded in 1930 to increase cooperation among central banks and other government agencies working to create financial and monetary stability. It had a key role in reparation payments imposed on Germany following the World War I. It does not supervise or regulate banks, and its banking services are exclusively for central banks and international financial institutions.

Bank for International Settlements (BIS)

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