Bank for International Settlements (BIS)

The Bank for International Settlements (BIS) is an international financial institution that serves central banks and fosters global monetary and financial stability. Established in 1930, it provides a forum for central banks to collaborate and share information, as well as to conduct banking operations among themselves. The BIS also conducts research on economic and financial issues, supporting central banks in their policymaking. Its headquarters is in Basel, Switzerland, and it plays a key role in promoting cooperation among central banks worldwide, helping to ensure a stable global economy.