Bank For International Settlements (Bis)
| The Bank for International Settlements (BIS) is an international financial institution that promotes global financial and monetary stability. It was established in 1930 and is headquartered in Basel, Switzerland. The BIS has 60 member central banks, representing countries from around the world. The organization's primary goal is to foster international cooperation in banking and finance. The BIS also plays an important role in providing banking services to central banks and other official monetary authorities. The BIS provides a forum for central banks to discuss issues of common concern and cooperate on matters of global economic importance. The organization also conducts research on a wide range of topics related to central banking, including monetary policy, banking regulation and supervision, and economic development. The BIS is owned by its member central banks and operates on a not-for-profit basis. The organization's resources come from its members, service fees, and investment income. |
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