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Bank for International Settlements (BIS)
 

 

The Bank for International Settlements (BIS) was established in 1930 in Basel, Switzerland.

It is an international organisation, created pursuant to an international treaty (The Hague Agreements of 1930). Its shareholding members are central banks and monetary authorities.

The mission of the BIS is to serve central banks in their pursuit of monetary and financial stability, to foster international cooperation in those areas and to act as a bank for central banks.

Read more about the history here.

Reference: www.bis.org