Bank of International Settlements (BIS)
With the head office in Basel (Switzerlant), The Bank for International Settlements (BIS) is an international organisation which fosters international monetary and financial cooperation and serves as a bank for central banks
The BIS was extablished in May 1930 and is the oldest international financial organisation in the world.
The BIS acts as:
- A forum to promote discussion and policy analysis among central banks and within the international financial community
- A centre for economic and monetary research
- A prime counterparty for central banks in their financial transactions
- A agent or trustee in connection with international financial operations
As its customers are central banks and international organisations, the BIS does not accept deposits from, or provide financial services to, private individuals or corporate entities
BIS Research:
The BIS is a hub for sharing statistical information amongst central banks, and for publishing statistics on global banking, securities, foreign exchange and derivatives markets.
Research is carried out primarily by BIS staff, supplemented by visiting researchers from central banks and the academic community. From time to time, the BIS organises special meetings and conferences with central bank researchers and academics.
This research finds its way into the Bank's regular publications, such as the Annual Report and Quarterly Review, and into its BIS Papers and Working Papers series, as well as external publications such as professional journals.
BIS official web site: http://www.bis.org
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