Last updated by The POOG on September 29, 2020.

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The Bank for International Settlements, sometimes known as the bankers’ bank, was established in 1930. The BIS is owned by 62 central banks, representing countries from around the world that together account for about 95% of world GDP[1].

The Basel Process

The Basel process is the one that leads to periodic global agreements on currency.


  1. About BIS – overview.
  2. The Basel Process – overview.
  3. Int’l Banking Cartel #9: Bank For International Settlements Immunity Act, And More