Bank Of International Settlements (BIS)

A consortium of banks, controlled by the Basel Committee of the G-10 nations' Central Banks, the Bank Of International Settlements sets standards for capital adequacy among the member central banks. Based in Basel, Switzerland, the BIS also provides banking services, but only to central banks, or to international organisations like itself.

It is also known as:

• French: Banque des Reglements Internationaux (BRI)
• German: Bank für Internationalen Zahlungsausgleich (BIZ)
• Italian: Banca dei Regolamenti Internazionali (BRI)
• Spanish : Banco de Pagos Internacionales (BPI)