The Bank for International Settlements (BIS) is an international financial institution that serves central banks and promotes monetary and financial stability. Established in 1930, it is located in Basel, Switzerland. The BIS acts as a bank for central banks, providing them with financial services and facilitating cooperation among them. The BIS also conducts research and analysis on global economic issues, helping central banks make informed decisions. It plays a key role in fostering dialogue and collaboration among its member central banks, which include institutions from around the world.