Financial information

Financial statements

The financial statements are prepared in accordance with the Statutes and accounting policies of the Bank. The accounting policies are based on International Financial Reporting Standards (IFRS) and are implemented in accordance with the decisions of the Board of Directors.

The BIS publishes audited annual financial statements  as at 31 March each year in its Annual Report, which provides a comprehensive overview and analysis of the Bank's balance sheet and profit and loss account, together with other financial, capital adequacy and risk management disclosures in line with international accounting frameworks. It also publishes unaudited semiannual financial statements as at 30 September each year.

The BIS balance sheet total was SDR 308.5 billion as at 31 March 2020.


Currency deposits, primarily from central banks, constitute the largest share of the Bank's liabilities. 


Total assets as at 31 March 2020 comprised 34% government and other securities including treasury bills, 17% cash and cash equivalent balances (mainly at central banks), 18% reverse repurchase agreements (primarily with sovereign bonds as collateral), 21% loans, advances and other assets, and 10% gold and gold loans (the gold balance included 102 tonnes in the Bank's own investment portfolio).

Statement of account

The statement of account gives a current overview of the Bank's assets, liabilities and equity. It is produced monthly, as required by Article 49 of the Bank's Statutes.

Bank budget policy

Management prepares the expenditure budget by establishing an overall business plan consistent with the strategic direction and financial framework agreed with the BIS Board of Directors. Within this context, business areas specify their plans and corresponding resource requirements. The process of reconciling detailed business plans, objectives and overall resource availability culminates in a draft budget, which must be approved by the Board before the start of the financial year.

The budget has three components:

  • The regular administrative budget, which covers the Bank's ongoing annual expenditure, and its direct contribution to support the secretariats of the FSB, IAIS and IADI.
  • The regular capital budget, which covers annual expenditure on fixed assets (such as buildings, IT hardware and software).
  • A special budget for the 6-year Innovation BIS2025 initiatives, which includes both administrative and capital elements.

Details of the administrative and capital expenditures can be found in the annual financial statements.