• The Bank for International Settlements (BIS) – Banking Services for Central Banks

  Filed under Guide
  May 10

  

  The Bank for International Settlements (BIS), it its commitment to provide diverse banking services to its clients, has opened financial service to assist central banks and other official monetary institutions. This service focuses on how these entities could effectively manage their foreign exchange reserves.
  As the needs of central banks continue to evolve, BIS continually adapts its product range in order to be more responsive to these needs.

  As an added service, the BIS also provides in terms of asset management in sovereign securities or high-grade assets. Central banks can also avail of its short-term credits which are usually collateralized. Another addition to its banking services is its emergency short-term lending, which countries in financial crisis can avail of.
  No Comments

Comments are closed.