Bank for International Settlement

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Related to Bank for International Settlements: International Monetary Fund, World Bank

Bank for International Settlement

The Bank for International Settlement was established under the law of Switzerland. It also has legal capacity pursuant to the municipal law of each of its member states, but it lacks international legal capacity. It was denied a specific international personality. The bank is, therefore, solely in the control of its members.

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Finally, the major banking groups in many European countries (for example, private commercial banks, state-owned savings banks, or co-operative banks) either clear interbank payments through the national central bank or operate their own centralized correspondent (or bankers' banks) that provide clearing and other services to the sector's members (see Bank for International Settlements, 1993b, pp.
The Bank for International Settlements was established in 1930 by western governments to administer reparations payments required from Germany under the Treaty of Versailles following the First World War.
The Bank for International Settlements as well as national central banks are thinking hard about this issue at present but no consensus has emerged as yet.
Under current Bank for International Settlements (BIS) rules, 45 percent of net unrealized securities gains are included in Tier 2 capital.
The Bank for International Settlements has said that it has named a chairman for its markets committee.
TIE contributing editor Klaus Engelen interviews Andrew Crockett, General Manager, Bank for International Settlements.
OpenLink's global client base includes 70+ clients such as Banco de Mexico, Bank of America, Bank for International Settlements, Bank of Canada, Bank of Scotland Treasury PLC, Citigroup Global Market, Inc.
Bank for International Settlements (BIS), the international organisation that fosters international monetary cooperation and serves as a bank for central banks, has said that it has elected Christian Noyer, governor of the Bank of France, as its new chairman.
In partial contrast, Robert McCauley of the Bank for International Settlements put forward the notion of "balanced benign neglect.
ACI and Global Insight collected historical and current data spanning 79 countries from multiple sources, including the Bank for International Settlements, industry databases and other published sources, and internal ACI customer and market information.
The Bank for International Settlements requires banks with overseas branches to maintain a capital adequacy ratio of at least eight percent.
The exchange rate is not so bad,'' Fukui told reporters in Basel, Switzerland where he was attending a meeting of central bank governors at the Bank for International Settlements.