BIS

The BIS, or Bank for International Settlements, is an international organization that promotes cooperation among central banks and financial authorities worldwide. Its main roles include encouraging financial stability, facilitating monetary and banking cooperation, and conducting research on global economic issues. Essentially, it acts as a "bank for banks," providing a platform for central banks to share information, coordinate policies, and work together to ensure a stable and secure global financial system. Established in 1930, the BIS helps manage risks and support conditions that foster economic growth and stability across countries.