Bank of International Settlements | Wikipedia audio article
Channel: wikipedia tts
Date: 23/12/2018

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/Bank_for_International_Settlements


00:00:39 1 History
00:08:58 2 Organization of central banks
00:10:34 2.1 Regulates capital adequacy
00:11:34 2.2 Encourages reserve transparency
00:13:52 3 Goal: monetary and financial stability
00:15:11 4 Role in banking supervision
00:15:36 5 Financial results
00:15:55 6 Members
00:16:19 7 Leadership
00:17:11 7.1 Chairperson and President/General Manager
00:17:33 7.2 Vice-chairman
00:17:41 7.3 Board of directors
00:17:50 8 Red Books
00:18:59 9 See also



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SUMMARY
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The Bank for International Settlements (BIS) is an international financial institution owned by central banks which "fosters international monetary and financial cooperation and serves as a bank for central banks".
The BIS carries out its work through its meetings, programmes and through the Basel Process – hosting international groups pursuing global financial stability and facilitating their interaction. It also provides banking services, but only to central banks and other international organizations. It is based in Basel, Switzerland, with representative offices in Hong Kong and Mexico City.