Financial results

Financial results

The balance sheet total of the BIS on 31 March 2015 was SDR 216.8 billion.^[17]

Members

The number of countries represented in each continent are: 35 in Europe, 13 in Asia, 5 in South America, 3 in North America, 2 in Oceania, and 2 in Africa. Sixty member central banks or monetary authorities of these countries:

Bank of Algeria Central Bank of Argentina Reserve Bank of Australia Austrian National Bank National Bank of Belgium Central Bank of Bosnia and Herzegovina Central Bank of Brazil Bulgarian National Bank Bank of Canada Central Bank of Chile People's Bank of China Bank of the Republic (Colombia) Croatian National Bank Czech National Bank National Bank of Denmark Bank of Estonia European Central Bank Bank of Finland Bank of France Deutsche Bundesbank

Bank of Greece Hong Kong Monetary Authority Hungarian National Bank Central Bank of Iceland Reserve Bank of India Bank Indonesia Central Bank of Ireland Bank of Israel Bank of Italy Bank of Japan Bank of Korea Bank of Latvia Bank of Lithuania Central Bank of Luxembourg National Bank of the Republic of Macedonia Bank Negara Malaysia Bank of Mexico De Nederlandsche Bank Reserve Bank of New Zealand Norges Bank

Central Reserve Bank of Peru Central Bank of the Philippines Narodowy Bank Polski Bank of Portugal National Bank of Romania Central Bank of the Russian Federation Saudi Arabian Monetary Agency National Bank of Serbia Monetary Authority of Singapore National Bank of Slovakia Bank of Slovenia South African Reserve Bank Bank of Spain Sveriges Riksbank Swiss National Bank Bank of Thailand Central Bank of the Republic of Turkey Central Bank of the United Arab Emirates Bank of England Federal Reserve System

Leadership

The first chairman was Gates W. McGarrah (20 July 1863 - 5 November 1940). In 1898 he became cashier of the Leather Manufacturers National Bank, succeeding to the presidency in 1902. The institution merged with the Mechanics National Bank in 1904 and McGarrah was chosen president. He headed this bank until its merger with the Chase National in 1926. He was the first Chairman of the Federal Reserve Bank of New York May 1925 through February 1930. August 30, 1924 he was appointed as the American director of the general council of the Reichsbank. He was a past president of the New York Clearing House Association.^[18]

Chairman of the board and president