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Bank for International Settlements (BIS) - Important points to remember

  • Bank for International Settlements is an International organization.
  • BIS was established by the Hague agreements.
  • BIS was established in 1930.
  • First General Manager of BIS was Pierre Quesnay of France.
  • The purpose of is to increase the cooperation between the Central banks.
  • Number of member – 58 central banks
  • Location of Bank for International Settlements (BIS) – Basel, Switzerland
  • The present General manager of – Jaime Caruana of Spain.
  • Bank for International Settlements (BIS) also provides banking services, but only to central banks, or to international organizations like itself.
  • BIS has representative offices in Hong Kong and Mexico City.
  • In 2004 Bank for International Settlements (BIS) has published its accounts in terms of Special Drawing Rights, or SDRs, replacing the Gold Franc as the bank’s unit of account.
Bank for International Settlements (BIS) - Important points to remember Bank for International Settlements (BIS) - Important points to remember Reviewed by Job today on 15:31 Rating: 5

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