What does Bank for International Settlements do?
Our mission is to support central banks' pursuit of monetary and financial stability through international cooperation, and to act as a bank for central banks.
Who owns the International Bank of Settlements?
Who owns the Federal Reserve Bank?
The Federal Reserve System is not "owned" by anyone. The Federal Reserve was created in 1913 by the Federal Reserve Act to serve as the nation's central bank. The Board of Governors in Washington, D.C., is an agency of the federal government and reports to and is directly accountable to the Congress.
Is China a member of BIS?
The Bank of International Settlements's recent decision to take the People's Bank of China on as a member could revolutionize banking in China.