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The Bank for International Settlements (BIS) is an international financial institution offering banking services for national central banks and a forum for discussing monetary and regulatory policies. The BIS, which is owned by 63 national central banks, also provides independent economic analysis.

The BIS:

• Serves as a forum for monetary policy discussions and facilitates financial transactions for central banks
• Is governed by a board elected by the 63 central banks with ownership stakes, with permanent seats reserved for the U.S., U.K., Germany, France, Italy, and Belgium
• Shares offices with, and provides a secretariat for, independently governed international committees and associations focused on economic co-operation
• Is the rare international financial organization with for-profit operations

Source: https://www.investopedia.com/terms/b/bis.asp