An international organization that acts as a bank for central banks, fostering cooperation among them and with other agencies.
The central bankers' bank based in Basle, Switzerland.
The BIS is an international organization which fosters cooperation among central banks and other agencies in pursuit of monetary and financial stability. Its banking services are provided exclusively to central banks and international organizations.
BIS, established in 1930, promotes cooperation among central banks in international financial settlements. Members include: Australia, Austria, Belgium, Bulgaria, Canada, Czechoslovakia, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Japan, Netherlands, Norway, Poland, Portugal, Romania, South Africa, Spain, Sweden, Switzerland, Turkey, the United Kingdom, the United States, and Yugoslavia. Bank headquarters are in Basle, Switzerland.
An international organization, which promotes international monetary and financial cooperation among nations by fostering the cooperation of world central banks.
acts as a clearinghouse for transactions between the world's central banks and draws up banking regulations. Set up in 1930, its board is controlled by developed country governments.
The BIS, located in Basle, Switzerland, was established in 1930 to administer the post-World War I reparations agreements. Since the 1960s, the BIS has evolved into an important international monetary institution, and has provided a forum in which central bankers meet and consult on a monthly basis. As an independent financial organization, the BIS performs a variety of banking, trustee, and agent functions, primarily with central banks.
An international bank headquartered in Basel, Switzerland, which serves as a forum for monetary cooperation among several European central banks, the Bank of Japan, and the U.S. Federal Reserve System. Founded in 1930 to handle the German payment of World War I reparations, it now monitors and collects data on international banking activity and promulgates rules concerning international bank regulation.
BIS' is an international organization fostering the co-operation of central banks and international financial institutions. Essentially, BIS which is located in Basel, Switzerland is a central bank for central banks. BIS monitors and collects data on international banking activity and enforces rules concerning international bank regulation.
Located in Basil, Switzerland, a clearing house for the central banks of seventeen industrialized countries. It assembles emergency loan packages for sovereign states, using reserves established by deposits from their central banks.
International organization established in 1930 and based in Basel, Switzerland, that serves as a forum for central banks for collecting information, developing analyses, and cooperating on a wide range of policy-related matters; also provides certain financial services to central banks.
(BIS) ( Banque des règlements internationaux (BRI)). A central banking institution owned and controlled by central banks, with a board comprising the governors of the central banks of the Group of Ten countries. The BIS has become an important forum for international monetary and financial co-operation between central bankers and, increasingly, other regulators and supervisors. For more information, visit the Bank for International Settlements Web site.
An international organization which fosters international monetary and financial cooperation and serves as a bank for central banks.
See on: Wikipedia Investopedia An international organization fostering the cooperation of central banks and international financial institutions. Established in 1930, it is the oldest international financial organization.
(BIS) An international organization, based in Basel, Switzerland, that acts as a bank for central banks of major industrial countries. Chartered in 1930 by a group of European central banks, the BIS has evolved since the 1960s into an influential monetary institution, assisting central bankers in investing monetary assets. The Risk-Based Capital standard, adopted by banks in Group of 10 countries by 1988, in which loans and other bank assets are classified by risk, was formulated by central bankers. The Federal Reserve Board of Governors regularly takes part in BIS meeting, and other central banks. See also G-10 Countries, Board of Governors.
The central bank for the central banks of the world.
The BIS is an international body that promotes the co-operation of central banks, fulfils the function of a central banks' bank and acts as a clearing and settlement agent. It acts as a forum for discussion of international monetary policy and conducts research into international banking developments.
The Bank for International Settlements (or BIS) is an international organization of central banks which exists to "foster cooperation among central banks and other agencies in pursuit of monetary and financial stability". It carries out its work through subcommittees, the secretariats it hosts, and through its annual General Meeting of all members. The BIS also provides banking services, but only to central banks, or to international organizations like itself.