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National Bank of Slovakia

 

National Bank of Slovakia

National Bank of Slovakia
Národná banka Slovenska(Slovak)
NBS Office Tower in Bratislava
NBS Office Tower in Bratislava
Headquarters Bratislava
Established 1 January 1993
President Jozef Makúch
Central bank of Slovakia
Preceded by The State Bank of Czechoslovakia, 1950–1992
Succeeded by European Central Bank (2009)1
Website www.nbs.sk
1Národná banka Slovenska still exists but many functions have been taken over by the ECB.

National Bank of Slovakia (Slovak: Národná banka Slovenska, NBS), is the central bank of Slovakia, which is a member of the European Union and the European System of Central Banks. Since 1 January 2009, it has also been a member of Eurosystem.

It has 9 regional branches and it is superior to all the banks in Slovakia.

Contents

  • History 1
  • Headquarters 2
  • See also 3
  • External links 4

History

It is an independent institution, whose basic goal is to hold price stability. It was created on 1 January 1993, together with the Czech National Bank, as a split of the State Bank of Czechoslovakia.

Authorised by the Slovak Government, the Bank represents Slovakia in international financial institutions and in international money market transactions related to monetary policy performance.

The supreme governing body of the National Bank of Slovakia is the Bank Board, which formulates monetary policy, applies appropriate instruments, and rules on monetary measures. It is composed of the Governor and two Vice-Governors, who are appointed and dismissed by the President of Slovakia and other eight members, who are appointed and dismissed by the Slovak government following the proposal of the Governor. As many as three members of the Bank Board are not required to be in a working relationship with the NBS.

Since 1 January 2010 the head of the National Bank of Slovakia has been Doc. Ing. Jozef Makuch, PhD. He was appointed the Governor by the President of Slovakia on 1 January 2010.

Headquarters

The headquarters office building of the National Bank of Slovakia was opened on 23 May 2002 in Bratislava, the capital of Slovakia. At a height of 111.6 metres and with 33 floors it is one of the highest buildings in Bratislava.

See also

External links

  • National Bank of Slovakia official site

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