What does the bank of international settlements do?

The Bank for International Settlements (BIS) serves as a bank for central banks and fosters international monetary and financial cooperation. It provides a platform for central banks to collaborate, share information, and conduct research on global financial stability. The BIS also offers financial services, including banking for central banks, and plays a key role in setting standards for financial regulation and supervision. Additionally, it conducts economic research and analysis to support central banks in their policy-making efforts.