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====== Bank for International Settlements (BIS) ======
[[dido:public:ra:xapend:xapend.a_glossary:start| Return to Glossary ]]

The **Bank for International Settlements (BIS)** is an international financial institution offering banking services for national central banks and a forum for discussing monetary and regulatory policies. The BIS, which is owned by 63 national central banks, also provides independent economic analysis.

The BIS:

  * Serves as a forum for monetary policy discussions and facilitates financial transactions for central banks
  * Is governed by a board elected by the 63 central banks with ownership stakes, with permanent seats reserved for the U.S., U.K., Germany, France, Italy, and Belgium
  * Shares offices with, and provides a secretariat for, independently governed international committees and associations focused on economic co-operation
  * Is the rare international financial organization with for-profit operations

Source: [[https://www.investopedia.com/terms/b/bis.asp ]]


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