Bank for International Settlements (BIS)

15 August 2015 | Author/Destination: | Rubric: General Reading Time:  7 minutes

BIS 'Tower' building © --Wladyslaw Disk./cc-by-sa-3.0

BIS ‘Tower’ building © –Wladyslaw Disk./cc-by-sa-3.0

The Bank for International Settlements (BIS) is an international organization of central banks which “fosters international monetary and financial cooperation and serves as a bank for central banks”. The BIS carries out its work through subcommittees, the secretariats it hosts and through an annual general meeting of all member banks. It also provides banking services, but only to central banks and other international organizations. It is based in Basel, Switzerland, with representative offices in Hong Kong and Mexico City.   read more…

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