1. The Bank for International Settlements is a syndicate composed of the central banks of Britain, France, Germany, Italy, Belgium and Japan, as well as Morgan Bank, new york and Citibank, representing the interests of the American banking industry. It was established in 1930 according to the Hague international agreement. It was originally established to deal with Germany's war reparations after World War I, and later evolved into an international financial institution with the cooperation of central banks of various countries. When it was founded, it had only seven member countries, and now it has grown to 45.

2. The World Bank is the abbreviation of the World Bank Group and the general name of the International Bank for Reconstruction and Development. It is a specialized agency of the United Nations dealing with international financial business, and also a subordinate agency of the United Nations. It consists of five member institutions: International Bank for Reconstruction and Development, International Development Association, International Finance Corporation, Multilateral Investment Guarantee Agency and International Investment Dispute Settlement Center. Established in 1945, 1946 and opened in June.

3. The International Monetary Fund (IMF) was established in Washington on February 27th, 1945 in accordance with the agreement signed by the IMF at the Bretton Woods Conference in July. Established at the same time as the World Bank and listed as one of the two largest financial institutions in the world, its responsibility is to monitor the exchange rates and trade conditions of currencies of various countries, provide technical and financial assistance, and ensure the normal operation of the global financial system. Its headquarters is located in Washington. We often hear that the "SDR" was created by the institution in 1969.