Bank for International Settlement BIS | IAS Target IAS Target

Bank for International Settlement

The Bank for International Settlements (BIS) is an international financial institution owned by central banks which "fosters international monetary and financial cooperation and serves as a bank for central banks". The BIS carries out its work through its meetings, programmes, and 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.
Representing countries from around the world (about 95% of world GDP) including India. Instituted in 1930, BIS is the world’s oldest international financial organization.

Headquarter Basel, Switzerland, with representative offices in Hong Kong and Mexico City.
Member banks 60 member central banks
Report Global financial system report