Tuesday, June 29, 2010

International Settlements?

Ever heard of "The Bank of International Settlements"?

I didn't until I read something here.

It's the Bank for International Settlements, actually.

The Bank for International Settlements (BIS) is

an international organisation which fosters international monetary and financial cooperation and serves as a bank for central banks.

The BIS fulfils this mandate by acting as:

  • a forum to promote discussion and policy analysis among central banks and within the international financial community
  • a centre for economic and monetary research
  • a prime counterparty for central banks in their financial transactions
  • agent or trustee in connection with international financial operations

The head office is in Basel, Switzerland and there are two representative offices: in the Hong Kong Special Administrative Region of the People's Republic of China and in Mexico City.

Established on 17 May 1930, the BIS is the world's oldest international financial organisation.

No, I have no aspirations to be international.

I'd settle for Jewish communities in Judea and Samaria.

That's enough.

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1 comment:

Juniper in the Desert said...

You mean they don't have a branch in Ramallah? They cannot be serious!