National Bank of Slovakia (english)

Basic information:

The National Bank of Slovakia (NBS) is the independent central bank of the Slovak Republic. It was established on January the 1st 1993 by the National Bank of Slovakia Act No. 566/1992 Zb, which declares its legal status, functions and tasks.The primary objective of the National Bank of Slovakia shall be to maintain price stability.
The National Bank of Slovakia:
- formulates and implements the country's monetary policy,
- issues banknotes and coins,
- controls, co-ordinates and provides for the circulation of money, interbank payments and settlement of payment data,
- supervises sound development of the banking sector and performance of banking activities.
Authorised by the Government, the Bank represents the Slovak Republic 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