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Bank for International Settlements
The Bank for International Settlements (BIS, German: Bank für Internationalen Zahlungsausgleich, French: Banque des règlements internationaux, Italian: Banca dei regolamenti internazionali) is an international financial institution which is owned by member central banks. Its primary goal is to foster international monetary and financial cooperation while serving as a bank for central banks.
The BIS carries out its work through its meetings, programmes and through the Basel Process, hosting international groups pursuing global financial stability and facilitating their interaction. It also provides banking services, but only to central banks and other international organizations.
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- Date Uploaded September 15, 2023
- Categories Bank, Finance
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