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Annual Economic Report 2020

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A chapter on Central banks and payments in the digital era was pre-released on 24 June; the full Annual Economic Report and the Annual Report will be released on 30 June. BIS Annual Economic Report  |  24 June 2020 24 Jun 2020  |  Video Watch the video (00:02:08) with Hyun Song Shin on Central banks and payments in the digital era 24 Jun 2020  |  Podcast Listen to the podcast (00:10:49) with Hyun Song Shin Annual Economic Report 2020 by chapter III.

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A chapter on Central banks and payments in the digital era was pre-released on 24 June; the full Annual Economic Report and the Annual Report will be released on 30 June.

BIS Annual Economic Report  | 
24 June 2020
Annual Economic Report 2020

Annual Economic Report 2020 by chapter

A vital function of the financial sector is to provide efficient ways for households and businesses to make and receive payments. A sound and well functioning payment system facilitates economic activity and supports long-run economic growth.

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International Settlement
The Bank for International Settlements (BIS) is an international company limited by shares owned by central banks which "fosters international monetary and financial cooperation and serves as a bank for central banks". The BIS carries out its work through subcommittees, the secretariats it hosts and through an annual general meeting of all member banks. It also provides banking services, but only to central banks and other international organizations. It is based in Basel, Switzerland, with representative offices in Hong Kong and Mexico City.

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