Annual Report 2021/22

Promoting global monetary and financial stability

The global financial system is increasingly complex and interdependent, which makes the policymaking environment in which central banks operate ever more multifaceted. Against this backdrop, the work of the BIS in supporting central banks and promoting global financial stability has never been more relevant. The Bank achieves this by focusing on developments in financial markets, monetary policy and technological innovation.

In-depth analysis and insights

BIS research supports central banks in their pursuit of monetary and financial stability. The BIS aims to provide our stakeholders with in-depth analysis and insights by drawing on its unique position at the intersection of research and policy. 

Promoting international cooperation

The BIS acts as a global forum for dialogue and cooperation among central banks and financial supervisory authorities from around the world. In the aftermath of the Covid-19 pandemic, central banks are assessing how robust growth is while addressing inflation which has been unleashed in most of the world. In addition to an exacting macroeconomic environment, digitisation is changing the structure of the financial and monetary system globally and demanding central banks' attention.

The bank for central banks

The BIS provides a full range of banking services to central  banks and other official sector customers. Activities include deposit-taking, gold and foreign exchange trading services, and the management of collective investment vehicles and dedicated investment mandates for fixed income instruments. Banking staff also manage the Bank's own funds and support knowledge-sharing with other institutions.

Fostering innovation

Rapid technological change in the financial sector brings both opportunities and risks. The BIS helps central banks continue to deliver on their core mandates of monetary and financial stability in a changing environment. Central banks must embrace sound innovation in the digital era to maintain the safety, integrity and stability of money and payments.

The way we work

In order to pursue our mission, we work in a purpose-driven way motivated by our core values. We foster a culture of diverse thought and innovation to promote effective collaboration in the central bank community. Our people are at the core of all our efforts.  

Governance and organisation

The BIS is governed at three levels: the General Meetings
of member central banks, the Board of Directors and BIS Management. Each of these bodies participates in the governance and decision-making related to BIS activities in the areas of international cooperation, policy analysis, banking operation, corporate operations and innovation.

Financial results and profit allocation

The Bank's balance sheet and financial results are driven mainly by its banking activities and by the management of the funds associated with its shareholders' equity. The annual net profit is allocated as a dividend or transferred to a reserve fund according to the Bank's Statutes.

Financial statements

The BIS's financial statements for the financial year ended 31 March 2022 provide an analysis of the Bank's balance sheet and profit and loss account, together with other financial, capital adequacy and risk management disclosures. The financial statements are prepared in accordance with the Statutes and accounting policies of the Bank, and are externally audited.