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.