History - overview
The Bank for International Settlements (BIS) was established in 1930 in Basel, Switzerland.
It is an international organisation, created pursuant to an international treaty (The Hague Agreements of 1930). Its shareholding members are central banks and monetary authorities.
The mission of the BIS is to serve central banks in their pursuit of monetary and financial stability, to foster international cooperation in those areas and to act as a bank for central banks.
The following pages will tell you more about the history of the BIS:
- BIS foundation and crisis (1930-39)
- The BIS and the Second World War (1939-48)
- The BIS as a forum for European monetary cooperation (1947-93)
- The BIS going global (1961- )
- The BIS in the new financial architecture (1997- )
The following provide more detail about the BIS's role and evolution:
- Toniolo, G with the assistance of P Clement (2005): Central bank cooperation at the Bank for International Settlements, 1930-1973, Cambridge-New York: Cambridge University Press.
- Borio, C, G Toniolo and P Clement (eds) (2008): Past and future of central bank cooperation, Cambridge-New York: Cambridge University Press.
- Lefort, D (ed) (2009): "Bank for International Settlements (BIS), Basel, Switzerland", in International Encyclopaedia of Laws, Alphen aan den Rijn: Kluwer Law International.
- James, H (2012): Making the European Monetary Union: the role of the Committee of Central Bank Governors and the origins of the European Central Bank, Cambridge-London: The Belknap Press of Harvard University Press.
See also this is the biz, the booklet produced for the BIS's 75th anniversary exhibition.