Bank for International Settlements and G-7: Difference between pages

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(BIS).   
Loosely, a group of 7 industrialised countries comprising Canada, France, Germany, Italy, Japan, the United Kingdom and the United States.   


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.  
More strictly, a meeting of the finance ministers from those countries.


Customers are exclusively central banks and international organisations.
Also known as the Group of Seven or G7.  
 
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 is 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 ==
== See also ==
* [[Bank of England]]
* [[G-20]]
* [[Bank supervision]]
* [[G-77]]
* [[Basel Committee on Banking Supervision]]
* [[G-8]]
* [[Board of Governors of the Federal Reserve System]]
* [[Central bank]]
* [[European Central Bank]]
* [[Markets Committee]]

Revision as of 13:38, 9 April 2014

Loosely, a group of 7 industrialised countries comprising Canada, France, Germany, Italy, Japan, the United Kingdom and the United States.

More strictly, a meeting of the finance ministers from those countries.

Also known as the Group of Seven or G7.


See also