Bank For International Settlements - BIS
 |
Definition of 'Bank For International Settlements - BIS'
An international organization fostering the cooperation of central banks and international monetary policy makers. Established in 1930, it is the oldest international financial organization, and was created to administer the transaction of monies according to the Treaty of Versailles. Among others, its main goals are to promote information sharing and to be a key center for economic research.
|
 |
Investopedia explains 'Bank For International Settlements - BIS'
Essentially, the BIS is a central bank for central banks; it does not provide financial services to individuals or corporations. The BIS is located in Basel, Switzerland, and has representative offices in Mexico City and Hong Kong. Member banks include the Bank of Canada, the Federal Reserve Bank and the European Central Bank.
|
-
Get the scoop on the structure and functions of the oldest global financial institution.
Read More »
-
They print money, they control inflation, and much, much more. All you need to know about central banks is here.
Read More »
-
Unique features of the forex market may allow larger players to get a jump on smaller ones.
Read More »
-
-
The Basel III regulations mark a drastic reform in international banking. But how do they impact the future's investment landscape?
Read More »
-
Search and compare the best checking and savings rates nationwide from Bankrate.com. Click Here!
-
Discover how banks and financial institutions use economic capital to enhance risk management.
Read More »
-
The global interconnection of U.S. payment systems makes commerical and financial transfers possible.
Read More »
|
|
