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BANK FOR INTERNATIONAL SETTLEMENTS (BIS)

Statistics Directorate    
Definition:
The Bank for International Settlements (BIS) was established in 1930 by intergovernmental convention. The BIS promotes co-operation among central banks. In this capacity it carries out four main functions:

- it holds and manages deposits from a large number of central banks throughout the world;

- it serves as a forum for international monetary co-operation;

- it acts as an agent or trustee in the execution of various international financial agreements; and

- it carries out research and issues publications on monetary and economic subjects

The head office is in Basel, Switzerland and there are two representative offices: in the Hong Kong Special Administrative Region of the People's Republic of China and in Mexico City.

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Source Publication:
External Debt Statistics: Guide for Compilers and Users (Draft), IMF, Washington DC, March 2000, Appendix III, Glossary of Terms
Bank for International Settlements, website.

Hyperlink:
http://www.bis.org/about/index.htm

Statistical Theme: Financial statistics

Created on Tuesday, September 25, 2001

Last updated on Wednesday, March 27, 2013