Bank for International Settlements (BIS)

Macedonia seeks bigger share of Yugoslav gold

Governor of the Central Bank of Macedonia Ljube Trpeski said that Macedonia and Bosnia-Herzegovina will request the Bank for International Settlements in Basel to change the formula for sharing of foreign currency reserves in gold of the former National…

Manila paves way for capital adequacy changes

The Philippines central bank said on Wednesday it would put in place a new credit rating mechanism for banks opting to increase capital through promissory notes instead of direct cash infusions from shareholders.

Effect of oil price surge less than in 1970s - BIS

This year's surge in oil prices is likely to have less of an inflationary impact than the price shocks of the 1970s, the Bank for International Settlements said in its latest quarterly report.