"BIZ" Top 5 Page for this destination Basel Off The Beaten Path Tip by german_eagle

Basel Off The Beaten Path: 38 reviews and 60 photos

by german_eagle

The building of the BIZ (Bank for International Payment Regulations) is located near the Central Railway Station SBB. It was built 1977 by Burckhardt & Partner AG.

The BIZ was founded 1930 at the conference of Den Haag by the Central Banks of Germany, Belgium, France, UK, Italy, Japan, Switzerland and the US. After WWII Canada, Australia and South Africa joined the BIZ. It acts as the "Bank of Central Banks (In the US "Federal Reserve Bank"). The Bank plays a major part in regulations of international payments and the balance of financial markets (currently Basel II, if you know what this means.)

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  • Written Jun 5, 2004
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