Bank For International Settlements Members

The bis s mission is to serve central banks in their pursuit of monetary and financial stability to foster international cooperation in those areas and to act as a bank for central banks.

Bank for international settlements members. The bis is an international bank for central bankers whose dominant members are the central banks not governments of the g 10 switzerland. The board includes all g20 major economies fsf members and the european commission hosted and funded by the bank for international settlements. Zhou xiaochuan of the bank of china. The financial stability board fsb is an international body that monitors and makes recommendations about the global financial system it was established after the g20 london summit in april 2009 as a successor to the financial stability forum fsf.

As of 2013 include ben bernanke the chairman of the us federal reserve. Central bank of argentina. Mario draghi of the european central bank. The first bca came into existence in 1988.

Reserve bank of australia. The czechoslovak gold was held in london in a sub account in the name of the bank for international settlements the basel based bank for central banks. Jaime caruana a former governor of the bank of spain the bis s general manager joins them. According to the bis itself the main purpose of the bank is to to promote the cooperation of central banks and to provide additional facilities for international.

The bis was created out of the hague agreements of 1930 and took over the job of the agent general for repatriation in berlin. Its current members zh. The bank s capital is held by central banks only. The bank for international settlements bis is an organization that is shrouded in mystery mainly due to the fact that the majority of people don t even know of its existence.

The bank for international settlements bis is to expand its central bank membership base and to increase collaboration in its work as a forum for international cooperation and as a hub for. Sixty two central banks and monetary authorities are currently members of the bis and have rights of voting and representation at general meetings. Sir mervyn king the governor of the bank of england. It also provides banking services but only to central banks and other international.

When the nazis marched into prague in march 1939 they immediately sent armed soldiers to the offices of the national bank. Central bank of the republic of austria. Read more about the bis. The bis carries out its work through its meetings programmes and through the basel process hosting international groups pursuing global financial stability and facilitating their interaction.

And the central bank governors of germany france italy sweden canada india and brazil.