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National Bank of Slovakia

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National Bank of Slovakia
Národná banka Slovenska (Slovak)
NBS Office Tower in Bratislava
NBS Office Tower in Bratislava
Headquarters Bratislava
Established January 1, 1993
President Ivan Šramko
Central Bank of Slovakia
Currency Slovak koruna
ISO 4217 Code SKK
Website www.nbs.sk

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.

Contents

History

It is an independent institution, whose basic goal is to hold price stability. It was created on January 1, 1993. 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, which are appointed and dismissed by the President of Slovakia and other eight members, appointed and dismissed by the Slovak government on proposal of the Governor. Up to three members of the Bank Board don't have to be in working relationship with the NBS. Since January 1 2005 the head of the National Bank of Slovakia is Mr. Ivan Šramko. He was appointed the Governor by the President of Slovakia on January 1 2005.

Headquarters

The headquarters office building of the National Bank of Slovakia was opened on May 23, 2002 in Bratislava, the capital of Slovakia. At a height of 113 metres and 33 floors is one of the highest buildings in Bratislava. It has 9 regional branches and it is superior to the all banks in Slovakia.

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National Bank of Slovakia from Wíkipedia. ©2006 by Wíkipedia. Licensed under the GNU Free Documentation License. View a list of authors or edit this article.

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