National Bank of North Macedonia

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The National Bank of the Republic of North Macedonia (NBRM; Macedonian: Народна банка на Република Северна Македонија; Albanian: Banka Popullore e Republikës së Maqedonisë së Veriut) is the central bank of North Macedonia. It is headquartered in the capital city of Skopje.

National Bank of North Macedonia
Народна банка на Република Северна Македонија
Banka Popullore e Republikës së Maqedonisë së Veriut
Logo
Logo
Headquarters
Headquarters
HeadquartersSkopje
Established1946
Ownership100% state ownership[1]
Governing bodyNational Bank Council
GovernorAnita Angelovska Bezhoska
(since 2018)
Central bank ofNorth Macedonia
CurrencyMacedonian denar
MKD (ISO 4217)
Reserves2 230 billion USD[1]
Websitewww.nbrm.mk

Anita Angelovska Bezhoska [mk] has served as the Governor of the National Bank since 22 May 2018.[2] Prior to the Prespa Agreement, the National Bank was officially known as the National Bank of the Republic of Macedonia.

Functions

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The National Bank performs the following functions:

  • establish and conduct monetary policy;
  • regulate liquidity in the international payments;
  • establish and conduct the denar;
  • handle and manage foreign exchange reserves;
  • regulate the payment system;
  • grant founding and operating license to a bank and a savings house and supervise the banks and savings houses;
  • grant a licence for performing services of prompt money transfer and supervise the operations of the entities performing services of prompt money transfer in accordance with a law;
  • grant operating licenses to foreign exchange bureaus and supervise their operations in accordance with the law;
  • issue banknotes and coins;
  • perform activities for the account of the central government and the government administration bodies.

Governors

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See also

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References

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  1. ^ a b Weidner, Jan (2017). "The Organisation and Structure of Central Banks" (PDF). Katalog der Deutschen Nationalbibliothek.
  2. ^ "Anita Angelovska Bezhoska assumes office of Governor of the NBRM". nbrm.mk. National Bank of the Republic of North Macedonia. 2018. Retrieved 4 April 2024.
  3. ^ a b c d "Speeches Previous Governors - content". www.nbrm.mk.
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41°59′37″N 21°26′33″E / 41.99361°N 21.44250°E / 41.99361; 21.44250