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Bank for International Settlements
(redirected from Bank of International Settlement)

   Also found in: Wikipedia, Hutchinson 0.06 sec.
Bank for International Settlements (BIS)
An international bank headquartered in Basel, Switzerland, which serves as a forum for monetary cooperation among several European central banks, the Bank of Japan, and the US Federal Reserve System. Founded in 1930 to handle the German payment of World War I reparations, it now monitors and collects data on international banking activity and promulgates rules concerning international bank regulation.


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A new criteria report published by Fitch addresses effect of eligible liquidity facilities as specified by the draft proposals of the Bank of International Settlement (
 
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