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wasn't formed until 1930

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Q: Who was the president of the International Bank of Settlement in 1923?
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What is the bank for international settlement?

It is designed to prevent economic crises.


What is the World Bank officially called?

The World Bank is officially called the International Bank for Reconstruction and Development (IBRD). It is part of the World Bank Group, which also includes the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for Settlement of Investment Disputes (ICSID).


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Bank closures could only have increased from 190 to 1923.


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Norinchukin Bank was created in 1923.


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Amalgamated Bank was created in 1923.


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Aareal Bank was created in 1923.


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The term "World Bank" refers only to the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). The term "World Bank Group" incorporates five closely associated entities that work collaboratively toward poverty reduction the World Bank (IBRD and IDA), and three other agencies, the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for Settlement of Investment Disputes (ICSID). To learn more about each institutions' role, visit the World Bank Group website


Is basel accord known due to held at basel at Switzerland?

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