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What does bis stand for?

The Bank for International Settlements (BIS) is an international financial institution which is owned by member central banks. Its primary goal is to foster international monetary and financial cooperation while serving as a bank for central banks.

Where will the BIS headquarters be located?

The BIS is planning to develop its headquarters site in Basel. Our mission is to support central banks' pursuit of monetary and financial stability through international cooperation, and to act as a bank for central banks. To pursue our mission, we provide central banks with:

Where is the Bis based?

It also provides banking services, but only to central banks and other international organizations. The BIS is based in Basel, Switzerland, with representative offices in Hong Kong and Mexico City. International monetary cooperation started to develop tentatively in the course of the 19th century.

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