The Bank for International Settlements

A Guide to the Global Hub for Central Bank Cooperation

The Bank for International Settlements (BIS) is an international financial institution that serves as a forum for central banks to coordinate their monetary and financial policies and to promote international monetary and financial stability.

The BIS was founded in 1930 and is headquartered in Basel, Switzerland. It is owned by central banks from around the world and operates as a bank for central banks, providing a range of financial services to its member institutions.

The BIS carries out research on a variety of topics related to the global financial system and publishes reports and other publications on these topics. It also serves as a clearinghouse for the settlement of international transactions and provides central banks with access to short-term financial assistance.

The BIS is an important institution in the global financial system and plays a key role in promoting international monetary and financial stability.

In today’s globalized economy, the BIS plays a key role in facilitating the exchange of ideas and information among central banks and in promoting cooperation and coordination among them. It also carries out research on a variety of topics related to the global financial system and publishes reports and other publications on these topics.

Subscribe to the International Relations Updates by The Kootneeti

* indicates required

The views and opinions expressed in this article are those of the author and do not necessarily reflect the views of The Kootneeti Team

Facebook Comments

The Kootneeti Team

This report has been written by The Kootneeti Team. For any feedbacks/query reach Editor@thekootneeti.com || Twitter: @TheKootneeti

You may also like...