Bank for International Settlements (BIS)

Bank for International Settlements is the oldest international financial institution. It serves central banks in their pursuit of monetary and financial stability, fosters international cooperation in those areas and acts as a bank for central banks.  BIS Established in 1930, and owned by 60 central banks hold 95% of world GDP.

In outline, the BIS pursues this mission by:

• facilitating dialogue and collaboration among central banks and other authorities
that are responsible for promoting financial stability;
• conducting research on policy issues confronting central banks and financial
supervisory authorities;
• acting as a prime counterparty for central banks in their financial transactions; and
• serving as an agent or trustee in connection with international financial operations.

The Basel III framework is a central element of the Basel Committee’s response to the global financial crisis developed  by Basel Committee on Banking Supervision in response to the financial crisis of 2007-09.

Sixty central banks and monetary authorities are currently members of the BIS :

1. Bank of Algeria
2. Central Bank of Argentina
3. Reserve Bank of Australia
4. Central Bank of the Republic of Austria
5. National Bank of Belgium
6. Central Bank of Bosnia and Herzegovina
7. Central Bank of Brazil
8. Bulgarian National Bank
9. Bank of Canada
10. Central Bank of Chile
11. People’s Bank of China
12. Central Bank of Colombia
13. Croatian National Bank
14. Czech National Bank
15. Danmarks Nationalbank (Denmark)
16. Bank of Estonia
17. European Central Bank
18. Bank of Finland
19. Bank of France
20. Deutsche Bundesbank (Germany)
21. Bank of Greece
22. Hong Kong Monetary Authority
23. Magyar Nemzeti Bank (Hungary)
24. Central Bank of Iceland
25. Reserve Bank of India
26. Bank Indonesia
27. Central Bank of Ireland
28. Bank of Israel
29. Bank of Italy
30. Bank of Japan
31. Bank of Korea
32. Bank of Latvia
33. Bank of Lithuania
34. Central Bank of Luxembourg
35. National Bank of the Republic of North Macedonia
36. Central Bank of Malaysia
37. Bank of Mexico
38. Netherlands Bank
39. Reserve Bank of New Zealand
40. Central Bank of Norway
41. Central Reserve Bank of Peru
42. Bangko Sentral ng Pilipinas (Philippines)
43. National Bank of Poland
44. Bank of Portugal
45. National Bank of Romania
46. Central Bank of the Russian Federation
47. Saudi Arabian Monetary Authority
48. National Bank of Serbia
49. Monetary Authority of Singapore
50. National Bank of Slovakia
51. Bank of Slovenia
52. South African Reserve Bank
53. Bank of Spain
54. Sveriges Riksbank (Sweden)
55. Swiss National Bank
56. Bank of Thailand
57. Central Bank of the Republic of Turkey
58. Central Bank of the United Arab Emirates
59. Bank of England
60. Board of Governors of the Federal Reserve System (United States)

The BIS has its head office in Basel, Switzerland, and representative offices in
the Hong Kong Special Administrative Region of the People’s Republic of China
(Hong Kong SAR) and in Mexico City.