Bank of International Settlement (BIS) was established in 1930 and is owned by 60 central banks, representing countries from around the world that together account for about 95% of world GDP. Its head office is in Basel, Switzerland and it has two representative offices: in Hong Kong SAR and in Mexico City.
BIS mission is to serve central banks in their pursuit of monetary and financial stability, to foster international cooperation in those areas and to act as a bank for central banks by:
- fostering discussion and facilitating collaboration among central banks
- supporting dialogue with other authorities that are responsible for promoting financial stability
- carrying out research and policy analysis on issues of relevance for monetary and financial stability
- acting as a prime counterparty for central banks in their financial transactions
- serving as an agent or trustee in connection with international financial operations
As part of its work in the area of monetary and financial stability, BIS regularly publish related analyses, international banking, and financial statistics that underpin policymaking, academic research and public debate.
Furthermore, BIS offer banking activities to central banks and international organisations but does not accept deposits from, or provide financial services to, private individuals or corporate entities.
More information at https://www.bis.org/