BIS opened its Representative Office for Asia and the Pacific in the Hong Kong Special Administrative Region
By Bank for International Settlements (BIS)
This historic press release chronicles the establishment of the Bank for International Settlements (BIS) Representative Office for Asia and the Pacific in Hong Kong in July 1998. This expansion represented a major strategic pivot for the BIS, marking the first time the "bank for central banks" operated outside its headquarters in Basel, Switzerland, since its founding in 1930.
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