Bank for International Settlements

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Bank for International Settlements
Established	17 May 1930
Type	International organization
Purpose / focus	Central bank cooperation
Location	Basel , Switzerland
Membership	60 central banks
General manager	Jaime Caruana
Main organ	Board of directors [1]
Website	www.bis.org

The Bank for International Settlements (BIS) (in French, Banque des règlements internationaux (BRI)) is an international organization of central banks which "fosters international financial and Monetary Cooperation and serves as a bank for central banks ". ^[2] As an international institution, it is not accountable to any single national government.

The BIS carries out its work through subcommittees, the secretariats it hosts and through an annual general meeting of all member banks. It also provides banking services, but only to central banks and other international organizations. It is based in Basel , Switzerland , with Representative offices in Hong Kong and Mexico City .

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