Bank for International Settlements

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Revision as of 16:09, 15 August 2016 by imported>Doug Williamson (Expand. Source: BIS http://www.bis.org/about/member_cb.htm)
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(BIS).

An international organisation fostering international monetary and financial cooperation, the Bank serves as a bank for central banks and also hosts a number of international organisations.

Customers are exclusively central banks and international organisations.

It was established by agreement between the parties (plus Switzerland) to arrangements after World War I for payment of reparations by Germany to the principal allied victors. Its mandate and membership was extended and it now a principal hub of cooperation between central banks and non-central-bank bank supervisors generally.


It has 60 central banks as its members.


See also