The Bank for International Settlements (BIS)

The Bank for International Settlements (BIS) is an international financial organization that serves as a bank for central banks around the world. It fosters cooperation among global monetary authorities, promotes financial stability, and provides a forum for discussing economic and banking issues. Established in 1930 and based in Basel, Switzerland, BIS offers banking services to central banks, conducts research on financial stability, and helps coordinate policies to ensure the health of the global financial system. Its role is crucial in maintaining trust and stability in international finance.