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Encyclopedia > Central Bank and Financial Services Authority of Ireland
Central Bank and Financial Services Authority of Ireland
Banc Ceannais agus Údarás Seirbhísí Airgeadais na hÉireann (Irish)
Logo
Logo
Headquarters Dublin, Ireland
Governor John Hurley
Central Bank of Ireland
Website centralbank.ie
Preceded by Currency Commission (currency control)
Bank of Ireland (Government's banker)1
Succeeded by European Central Bank (1999)2
1 Even after establishement of the Central Bank, Bank of Ireland remained the government's banker for many years.
2 The Central Bank and Financial Services Authority of Ireland still exists but many of its central bank functions have been taken over by the ECB.

The Central Bank and Financial Services Authority of Ireland (Irish: Banc Ceannais agus Údarás Seirbhísí Airgeadais na hÉireann) is the financial services regulator of Ireland and historically the central bank. The bank was the issuer of Irish pound banknotes and coinage until the introduction of the euro currency, and currently the bank is an agent for the European Central Bank, leaving its name to be somewhat of a misnomer. For other uses, see Dublin (disambiguation). ... A website (alternatively, Web site or web site) is a collection of Web pages, images, videos or other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN. A Web page is a document, typically written in HTML... The Currency Commission (Coimisiún Airgid Reatha), this page was edited by ze buttsex and 4 now wil;l be oober pwnazge so suck nuts biatch was created by the Currency Act, 1927 (Section 14) as part of the policy of the Irish Free State to create the Saorstát... My wife and I went to visit our daughter in the UK. I used my Ulster Bank credit card and wasnt charged any extra fees. ... Headquarters Coordinates , , Established 1 January 1998 President Jean-Claude Trichet Central Bank of Austria, Belgium, France, Finland, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Slovenia, Spain Currency Euro ISO 4217 Code EUR Reserves €43bn directly, €338bn through the Eurosystem (including gold deposits). ... For the coin of the same value, see Irish one pound coin. ... For other uses, see Euro (disambiguation). ... Headquarters Coordinates , , Established 1 January 1998 President Jean-Claude Trichet Central Bank of Austria, Belgium, France, Finland, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Slovenia, Spain Currency Euro ISO 4217 Code EUR Reserves €43bn directly, €338bn through the Eurosystem (including gold deposits). ...


The bank was founded as the Central Bank of Ireland (Banc Ceannais na hÉireann in Irish) in 1943 and since January 1, 1972 has been the banker of the Irish Government in accordance with the Central Bank Act, 1971, which saw the transition of the bank from a currency board to a fully functional central bank. In 2003 the current name was adopted to reflect its new role in financial services and the economy. is the 1st day of the year in the Gregorian calendar. ... Year 1972 (MCMLXXII) was a leap year starting on Saturday (link will display full calendar) of the Gregorian calendar. ... // A currency board is a monetary authority which is required to maintain an exchange rate with a foreign currency. ...


Previously the commercial Bank of Ireland was the government's banker since independence, and is still one of the country's largest banks. My wife and I went to visit our daughter in the UK. I used my Ulster Bank credit card and wasnt charged any extra fees. ...


The bank's head office is located on Dame Street, Dublin, where the public may exchange non-current Irish coinage and currency (both pre- and post-decimalization) for euros. The Currency Centre at Sandyford is the currency manufacture, warehouse and distribution site of the bank. Dame Street is a large thoroughfare in Dublin, Ireland. ... For other uses, see Dublin (disambiguation). ... The Currency Centre is the mint of coins and printer of banknotes for the Central Bank of Ireland, including the euro currency. ... Sandyford Village Sandyford (Irish: Áth an Ghainimh), Dublin, Ireland, formerly a village, is now part of the conurbation of Greater Dublin, in the county of Dún Laoghaire-Rathdown. ...

Contents

Functions

Since the passing of the Central Bank and Financial Services Authority of Ireland Act 2003, the bank has operated under two separate divisions, the existing Central Bank, and the Financial Regulator — the latter was formally called the Irish Financial Services Regulatory Authority.


The Central Bank

Dame Street, Dublin; the location of head office
Dame Street, Dublin; the location of head office

The Central Bank manages Irish monetary policy as part of the European System of Central Banks, and is the Irish Government's banker. Since European Monetary Union, it exercises much of its functions in this regard in conjunction with the European Central Bank and the other Eurozone central banks. The European System of Central Banks (ESCB) is composed of the European Central Bank (ECB) and the national central banks (NCBs) of all 25 EU Member States. ... In economics, a monetary union is a situation where several countries have agreed to share a single currency among them. ... Headquarters Coordinates , , Established 1 January 1998 President Jean-Claude Trichet Central Bank of Austria, Belgium, France, Finland, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Slovenia, Spain Currency Euro ISO 4217 Code EUR Reserves €43bn directly, €338bn through the Eurosystem (including gold deposits). ... The Eurozone (also called Euro Area, Eurosystem or Euroland) refers to the European Union member states that have adopted the euro currency union. ...


The Financial Regulator

In 2003 a new separate division of the Central Bank, with its own Chairman, Chief Executive, and board, was established as the Irish Financial Services Regulatory Authority. This was as a compromise between those who favoured a fully independent regulator and those who believed the Central Bank should maintain full control of regulation of the financial services industry. This division of the Bank regulates all financial institutions (including credit unions) in Ireland. The authoritys logo The Financial Regulator (Irish: Rialtóir Airgeadis), officially known as the Irish Financial Services Regulatory Authority (Central Bank and Financial Services Authority of Ireland Act 2003, Section 26)is the single regulator of all financial institutions in the Republic of Ireland. ... The authoritys logo The Financial Regulator (Irish: Rialtóir Airgeadis), officially known as the Irish Financial Services Regulatory Authority (Central Bank and Financial Services Authority of Ireland Act 2003, Section 26)is the single regulator of all financial institutions in the Republic of Ireland. ... A credit union is a co-operative financial institution that is owned, controlled and administered by its members. ...


History

On the independence of the Irish Free State in 1922, the new state's trade was overwhelmingly with the United Kingdom (98% of Irish exports and 80% of imports in 1924), so the introduction of an independent currency was a low priority. British banknotes (British Treasury notes, Bank of England notes), and notes issued by Irish banks circulated (but only the first were legal tender) and coins remained in circulation. This article is about the prior state. ... Year 1922 (MCMXXII) was a common year starting on Sunday (link will display full calendar) of the Gregorian calendar. ... Headquarters Coordinates , , Governor Mervyn King Central Bank of United Kingdom Currency Pound sterling ISO 4217 Code GBP Base borrowing rate 5. ... Legal tender or forced tender is payment that cannot be refused in settlement of a debt denominated in the same currency by virtue of law. ...


Under the terms of the Coinage Act 1926, the Finance Minister was authorised to issue coins of silver, nickel, and bronze of the same denominations as the British coins already in circulation - however the Irish silver coins were to contain 75% silver as compared to the 50% silver coins issued by Britain at the time. These coins entered circulation on 12 December 1928. is the 346th day of the year (347th in leap years) in the Gregorian calendar. ... Year 1928 (MCMXXVIII) was a leap year starting on Sunday (link will display full calendar) of the Gregorian calendar. ...

Series A (1928-1975) £5 note

Under the terms of the Currency Act 1927, a new unit of currency, the Saorstát Pound (Free State Pound) was created, which was to be maintained at parity with the British Pound Sterling by a Currency Commission which would keep British government securities, sterling cash, and gold to keep a 1-1 relationship. Central Bank of Ireland Series A (1928-75) £5 note front - from Central Bank history site. ... Central Bank of Ireland Series A (1928-75) £5 note front - small image from Central Bank history site File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... GBP redirects here. ...


The Central Bank

The Central Bank Act 1942 which came into effect on 1 February 1943 renamed the Currency Commission the Central Bank of Ireland, although the organisation did not at that time acquire many of the characteristics of a central bank: is the 32nd day of the year in the Gregorian calendar. ... Year 1943 (MCMXLIII) was a common year starting on Friday (the link will display full 1943 calendar) of the Gregorian calendar. ...

  • it was not given custody of the cash reserves of the commercial banks
  • it had no statutory power to restrict credit, though it could promote it
  • the Bank of Ireland remained the government's banker
  • the conditions for influencing credit through open-market operations did not yet exist
  • Ireland's external monetary reserves were largely held as external assets of the commercial banks

This seriously limited the banks' ability to run an independent monetary policy. The Central Bank broadened its activities over the decades, but it remained in effect a currency board until the 1970s. My wife and I went to visit our daughter in the UK. I used my Ulster Bank credit card and wasnt charged any extra fees. ...


Decimalisation

Series B (1976-1992) £5 note

The 1970s were a decade of change, which began with the decimalisation of the currency which came into effect on 15 February 1971, when the decimal coinage was released into circulation (although 5p, 10p, and 50p coins were released a few years earlier, as they had exact equivalents in old currency units). Decimalisation would have provided an ideal opportunity to break the link with Sterling, but there was not much demand for this at that time. In 1972 however, the Bretton Woods system of fixed exchange rates broke down, and in the wake of the 1973 oil crisis inflation in Britain increased dramatically, and economic theory would suggest that a smaller economy whose currency is pegged to a larger one will suffer the larger economy's inflation rate. At the same time moves to create a money market in Dublin and the transfer in 1968 of the commercial banks' sterling assets to the Central Bank made it possible to contemplate a break in the link. In the mid to late 1970s, opinion within the bank was moving toward breaking the link with sterling and devaluing the Irish currency in order to limit inflationary effects from abroad. Central Bank of Ireland Series B (1976-1992) £5 note front - from Central Bank history site File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... Central Bank of Ireland Series B (1976-1992) £5 note back - from Central Bank history site. ... is the 46th day of the year in the Gregorian calendar. ... Year 1971 (MCMLXXI) was a common year starting on Friday (link will display full calendar) of the 1971 Gregorian calendar, known as the year of cyclohexanol. ... Wikipedia does not have an article with this exact name. ... For the song by James Blunt, see 1973 (song). ... For other uses, see Dublin (disambiguation). ...


At this time, however, an alternative option became available. In April 1978, the European Council meeting in Copenhagen decided to create a "zone of monetary stability" in Europe, and European Economic Community institutions were invited to consider how to create such a zone. At the following Council meeting in Bremen, Germany in June 1978 the basic features of the European Monetary System were outlined, including the creation of the ECU - European Currency Unit, a basket of the Community's currencies used to determine exchange rates, and the forerunner of the euro. This article deals with the meeting of European Union leaders. ... For other uses, see Copenhagen (disambiguation). ... The European Community (EC), most important of three European Communities, was originally founded on March 25, 1957 by the signing of the Treaty of Rome under the name of European Economic Community. ... This article is about the city in Germany. ... There are three stages of monetary cooperation in the European Union. ... For other uses, see Euro (disambiguation). ...


The European Monetary System

The Irish government had to decide whether or not to participate in the EMS. If the EMS had included all the European Community's currencies, it would have provided stability for 75% of Ireland's external trade, but in the event Britain, which still accounted for 50% of Ireland's external trade, decided to stay out of the EMS. Despite this, on 15 December 1978 it was announced that Ireland would participate in the EMS. Countries were given the option of either a 2.25% or 6% margin of fluctuation within the EMS' Exchange Rate Mechanism (ERM), and Ireland took the narrower margin. The EMS started on 13 March 1979, and towards the end of the month Sterling started to gain in value against the EMS currencies because of rising oil prices, and by 30 March Sterling breached the upper fluctuation band limit of the Belgian franc and the Irish currency could no longer track Sterling. After over 50 years, the parity of the Irish and British currencies was broken, and the Irish currency became known as the Irish pound (or Punt). is the 349th day of the year (350th in leap years) in the Gregorian calendar. ... Year 1978 (MCMLXXVIII) was a common year starting on Sunday (link displays the 1978 Gregorian calendar). ... is the 72nd day of the year (73rd in leap years) in the Gregorian calendar. ... Also: 1979 by Smashing Pumpkins. ... is the 89th day of the year (90th in leap years) in the Gregorian calendar. ... For the coin of the same value, see Irish one pound coin. ...


The initial experience of the EMS was disappointing. It had been expected that the Irish Pound would appreciate in value against Sterling, and hence reduce inflation in Ireland, but in practice Sterling appreciated considerably in value thanks to its status as a petrocurrency and to the tight monetary policies of the new British government of Margaret Thatcher. By late 1980 the Irish Pound had fallen in value to less than 80 British pence, and Irish inflation was higher than British. Economic policy in Ireland was inconsistent with a "hard currency" policy, and the Irish Pound also failed to hold its value against the central rate of the Deutschmark, although it did appreciate in value against some of the other EMS currencies. Petrocurrency is the currency of a country with oil to export, for instance, Saudi Arabian riyals. ... Margaret Hilda Thatcher, Baroness Thatcher, LG, OM, PC, FRS (née Roberts; born 13 October 1925) served as British Prime Minister from 1979 to 1990 and leader of the Conservative Party from 1975 until 1990, being the first and only woman to hold either post. ...


Eventually the EMS settled down (notwithstanding a crisis in 1992 when the Irish Pound was devalued by 10%), and Irish inflation was consistently the same or lower than Britain's inflation rate from 1987 onwards.


Towards the Euro

The idea of a single European currency goes back to the Schumann Plan of 1950. The first blueprint for how to go about implementing the currency, the Werner Report of 1970 was not proceeded with, but the ultimate aim was always kept in mind. The Delors Report endorsed by the Madrid Summit of June 1989 envisaged a three-stage process to monetary union, and this was given legal authority by the Maastricht Treaty of 1992 (enacted into Irish law as the Eleventh Amendment to the Constitution of Ireland by 70% of those voting in a referendum on 18 June 1992). This envisaged the start of monetary union on 1 January 1999 and the introduction of notes and coins on 1 January 2002. Year 1950 (MCML) was a common year starting on Sunday (link will display the full calendar) of the Gregorian calendar. ... The Maastricht Treaty (formally, the Treaty of European Union, TEU) was signed on February 7, 1992 in Maastricht, Netherlands after final negotiations in December 1991 between the members of the European Community and entered into force on November 1, 1993 during the Delors Commission. ... The Constitution of Ireland (Irish: Bunreacht na hÉireann)[1] is the founding legal document of the state known today both as Ireland and as the Republic of Ireland. ... is the 169th day of the year (170th in leap years) in the Gregorian calendar. ... Year 1992 (MCMXCII) was a leap year starting on Wednesday (link will display full 1992 Gregorian calendar). ... is the 1st day of the year in the Gregorian calendar. ... Events of 2008: (EMILY) Me Lesley and MIley are going to China! This article is about the year. ... is the 1st day of the year in the Gregorian calendar. ... Also see: 2002 (number). ...


The Central Bank began production of euro coins in September 1999, producing over a billion coins, weighing about 5,000 tons, with a value of 230 million euro before the introduction into circulation of the euro coins in January 2002. Production of euro banknotes began in June 2000, with 300 million notes worth 4 billion euro being produced in denominations of 5, 10, 20, 50, and 100 euro. Euro banknotes produced for the Central Bank are identified by having the serial number begin with the letter T. The Bank did not initially issue €200 or €500 euro banknotes, but has since begun to do so.[1]


Irish Residential property market

Main article: Irish property bubble

The Central Bank has admitted (Nov. 2005) that estimates of overvaluation of 0% to 60% in the Irish residential property market exist. The Irish Times has revealed minutes of a meeting with the OECD which indicate that The property market in the Republic of Ireland in 2007 is controversially described by some as the Irish Property Bubble. ... The Irish Times is Irelands newspaper of record, launched in the late 1850s. ... The Organization for Economic Co-operation and Development (OECD) is an international organization of those developed countries that accept the principles of representative democracy and a free market economy. ...

  • Irish property is overvalued by 15%
  • The Central Bank agrees with this estimate but is fearful of precipitating a crash by "putting a number on it".

List of Governors of the Bank

The Governor (Irish An Gobharnóir) of the Bank is appointed by the President of Ireland on advice of the Irish Government. The President of Ireland (Irish: ) is the head of state of Ireland. ... The Government (Irish: ) [ral̪ˠt̪ˠəs̪ˠ n̪ˠə heːɼən̪ˠ] is the cabinet that exercises executive authority in the Republic of Ireland. ...

Joseph Brennan (1887-1963) was a senior Irish civil servant born in Bandon, County Cork, Ireland. ... Maurice Gerard Moynihan, (December, 1902-August 21, 1999, was a senior Irish civil servant[1], co-drafter of the 1937 Constitution of Ireland, Secretary of the Government of the Irish Free State in 1937, Governor of the Central Bank of Ireland in 1960, and Knight Commander of the Papal Order... Dr. T.K. Whitaker (b. ...

See also

Medb, the legendary Queen of Connacht, whose infidelity and violence were also legendary, was chosen for the Irish pound banknote for Series B introduced in 1976 and withdrawn in 1993. ... The economy of Ireland is modern and trade-dependent with growth averaging a robust 10% in 1995–2000. ... For other uses, see Euro (disambiguation). ... For the coin of the same value, see Irish one pound coin. ...

References

  1. ^ More euro in circulation than Irish pounds. RTÉ News (11 January, 2002). Retrieved on 1 May 2007.

is the 121st day of the year (122nd in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ...

External links

  • Central Bank and Financial Services Authority of Ireland
  • Central Bank and Financial Services Authority of Ireland is at coordinates 53°20′40″N 6°15′48″W / 53.344569, -6.263269 (Central Bank and Financial Services Authority of Ireland)Coordinates: 53°20′40″N 6°15′48″W / 53.344569, -6.263269 (Central Bank and Financial Services Authority of Ireland)
image of Dublins main court building. ... For the coin of the same value, see Irish one pound coin. ... The Currency Centre is the mint of coins and printer of banknotes for the Central Bank of Ireland, including the euro currency. ... The Currency Commission (Coimisiún Airgid Reatha), this page was edited by ze buttsex and 4 now wil;l be oober pwnazge so suck nuts biatch was created by the Currency Act, 1927 (Section 14) as part of the policy of the Irish Free State to create the Saorstát... The Minister for Finance is the senior minister at the Department of Finance (An Roinn Airgeadais) in the Irish Government. ... This version of the harp, on a 1990 Irish pound, has been on Irish coinage dated from 1939 until 2000. ... The Irish farthing coin was the smallest value coin of the Irish currency, being worth 1/960 of an Irish pound. ... HISTORY. 17th Century During the 17th century the halfpenny bore the image of a harp on the obverse. ... The Irish penny coin was the third smallest denomination of the Irish currency and worth 1/240 of an Irish pound. ... The three-pence coin was a pre-decimal coin worth 1/80 of an Irish pound. ... The sixpence coin was a pre-decimal coin and worth 1/40 of an Irish pound. ... The Irish shilling coin featured the bull and the original minting of the coin from 1928 until 1942 contained 75% silver, a higher content than the equivalent British coin. ... The Irish florin coin featured the salmon and the original minting of the coin from 1928 until 1943 contained 75% silver, a higher content than the equivalent British coin. ... The Irish half-crown coin featured the Irish hunter, a horse, and the original minting of the coin from 1928 until 1943 contained 75% silver, a higher content than the equivalent British coin. ... The Irish ten shilling coin featured Cúchulainn, the mythical Irish hero, the coin was produced for the 50th anniversary of the Easter Rising and commenced circulation on April 12 1966 and was designed by T Hugh Paget. ... This version of the harp, on a 1990 Irish pound, has been on Irish coinage dated from 1939 until 2000. ... The Irish halfpenny was the smallest denomination of the Irish pound which was decimalised on Decimal Day, February 15, 1971 it was one of three new designs introduced all in bronze. ... The Irish penny was the second smallest denomination of the Irish pound which was decimalised on Decimal Day, February 15, 1971 it was the second of three new designs introduced all in bronze. ... The Irish two pence was the third smallest denomination of the Irish pound which was decimalised on Decimal Day, February 15, 1971 it was the third of three new designs introduced all in bronze. ... The Irish five pence was introduced on Decimal Day, February 15, 1971 and reused the design on the shilling coin produced for the Irish Free State in 1928. ... The Irish ten pence was introduced on Decimal Day, February 15, 1971 and reused the design on the florin coin produced for the Irish Free State in 1928. ... The twenty pence coin, which features the horse (an Irish hunter) that was on the half-crown coin that was produced for the Irish Free State in 1928, was introduced on October 30 1986. ... The Irish fifty pence was introduced on February 17, 1970 and is a seven sided coin, an equilateral curve heptagon of constant breadth 3 centimeters and weight 13. ... The one pound coin was introduced on June 20, 1990 using the design of a red deer, by the Irish artist Tom Ryan and based on photographs taken by Sean Ryan of red deer from the Irish national deer herd in Killarney National Park. ... Medb, the legendary Queen of Connacht, whose infidelity and violence were also legendary, was chosen for the Irish pound banknote for Series B introduced in 1976 and withdrawn in 1993. ... The Series A Banknotes were introduced by the Irish Free State in 1928 and were the first banknotes created by and for the state; this state has since become the Republic of Ireland. ... The Series B Banknotes of the Republic of Ireland replaced the Series A Banknotes. ... The Series C Banknotes of the Republic of Ireland where the final series of notes created for the state before the advent of the Euro, it replaced Series B Banknotes. ... Banknotes have been issued for use specifically in Northern Ireland since 1929. ... The coinage of Ireland cover coins issued under a variety of local and national rulers, the Kingdom of Ireland, and the early years of Irelands membership of the United Kingdom, as well as those issued by the foreunner of the Republic of Ireland since 1928, the Irish Free State. ... The euro (EUR or €) is the single currency for the European Union and currently 13 of its member states. ... Irish euro coins all share the same design by the hand of Jarlath Hayes, that of the harp, a traditional symbol for Ireland since the Middle Ages, based on that of the Brian Boru Harp, housed in Trinity College, Dublin, and said to have once been owned by ancient High... This is a list of central banks. ... BIS Headquarters in Basel The Bank for International Settlements (or BIS) is an international organization of central banks which exists to foster cooperation among central banks and other agencies in pursuit of monetary and financial stability. It carries out its work through subcommittees, the secretariats it hosts, and through its... The Fed redirects here. ... Headquarters Coordinates , , Established 1 January 1998 President Jean-Claude Trichet Central Bank of Austria, Belgium, France, Finland, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Slovenia, Spain Currency Euro ISO 4217 Code EUR Reserves €43bn directly, €338bn through the Eurosystem (including gold deposits). ... The Bank of Japan has its headquarters in this building in Tokyo. ... Headquarters Coordinates , , Governor Mervyn King Central Bank of United Kingdom Currency Pound sterling ISO 4217 Code GBP Base borrowing rate 5. ... For the defunct commercial bank, see Bank of Canada (commercial). ... The Reserve Bank of Australia came into being on 14 January 1960 to operate as Australias central bank and banknote issuing authority. ... Headquarters Senior Executive Sergei Ignatiev Central Bank of Russian Federation Currency Russian ruble ISO 4217 Code RUB Base borrowing rate 10. ... It has been suggested that Türkiye Cumhuriyeti Merkez Bankası be merged into this article or section. ... The Croatian National Bank (or HNB for Croatian Hrvatska Narodna Banka) is the central bank of the Republic of Croatia. ... National bank of Serbia (NBS) was founded in 1884. ... The Peoples Bank of China (PBC) (Simplified Chinese: 中国人民银行; Traditional Chinese: 中國人民銀行; pinyin: Zhōngguó Rénmín Yínháng ) (not to be confused with the Bank of China or the Central Bank of China) is the central bank of the Peoples Republic of China with the power to... The RBI headquarters in Mumbai The RBI Regional Office in Mumbai The RBI heaquarters in Delhi. ... Bank of Korea is the national central bank of the Republic of Korea (South Korea). ... Bank Indonesia is the central bank of Indonesia. ... Bank Negara Malaysia (BNM) is the Malaysian central bank. ... The Central Bank is depicted on the 100-peso bill. ... The Central Bank of the Republic of China (Taiwan), formerly Central Bank of China (Traditional Chinese: ; Pinyin: ; literally Central Bank) is the central bank of the Republic of China (Taiwan). ... The Bank of Thailand (ธนาคารแห่งประเทศไทย) is the central bank of the Thailand. ... The Brazilian Central Bank (in Portuguese: Banco Central do Brasil) is Brazils highest monetary authority in and the countrys governing body in finances and economics. ... The Central Bank of Chile (Spanish: ) is the central bank of Chile. ... The Banco de México (Spanish: Bank of Mexico), abbreviated BdeM or Banxico, is Mexicos central bank. ... Headquarters Jerusalem, Israel Governor Stanley Fischer Central Bank of Israel Currency New Israeli Shekel ISO 4217 Code ILS Base borrowing rate 3. ... Bank Markazi, Tehran, Iran Bank Markazi Iran or Bank Markazi Jomhouri Islami Iran (Persian: بانک مرکزی جمهوری اسلامی ايران) is the Central bank of Iran. ... The Central Bank of Iraq, guarded by U.S. troops. ... This article is in need of improvement. ... The Central Bank of Syria (Arabic: ) is the central bank of Syria. ... Reserve Bank of Zimbabwe is that southern African countrys central bank. ... Expansionary monetary policy is monetary policy that seeks to increase the size of the money supply. ... Contractionary monetary policy is monetary policy that seeks to reduce the size of the money supply. ... // When money is deposited in a bank it can then be lent out to another person. ... The Monetary policy of Sweden is decided by Sveriges Riksbank, the central bank of Sweden. ... The capital requirement is a bank regulation, which sets a framework on how banks and depository institutions must handle their capital. ... Open Market Operations are the means by which central banks control the liquidity of the national currency. ... This article lacks information on the importance of the subject matter. ... The discount window is an instrument of monetary policy (usually controlled by central banks) that allows eligible institutions to borrow money, usually on a short-term basis, to meet temporary shortages of liquidity caused by internal or external disruptions. ... Money creation is the process by which money is produced or issued. ... An interest rate is the rental price of money. ... Sovereign wealth fund (SWF) (Sovereign wealth funds) is a fund owned by a state composed of financial assets such as stocks, bonds, property or other financial instruments. ... Wikipedia does not have an article with this exact name. ... The World Bank logo The World Bank (the Bank) is a part of the World Bank Group (WBG), is a bank that makes loans to developing countries for development programs with the stated goal of reducing poverty. ... Logo of the World Bank The International Bank for Reconstruction and Development is one of the five institutions consisting the World Bank Group. ... The International Finance Corporation (IFC) promotes sustainable private sector investment in developing countries as a way to reduce poverty and improve peoples lives. ... The International Development Association (IDA) created on September 24, 1960, is the part of the World Bank that helps the world’s poorest countries. ... The Multilateral Investment Guarantee Agency (MIGA) is a member of the World Bank group. ... The International Centre for Settlement of Investment Disputes (ICSID), an institution of the World Bank group, was founded in 1966 under the Convention on the Settlement of Investment Disputes between States and Nationals of Other States. ... This article does not cite any references or sources. ... There are currently five institutions of the European Union which govern the Union. ... Headquarters Coordinates , , Established 1 January 1998 President Jean-Claude Trichet Central Bank of Austria, Belgium, France, Finland, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Slovenia, Spain Currency Euro ISO 4217 Code EUR Reserves €43bn directly, €338bn through the Eurosystem (including gold deposits). ... The European System of Central Banks (ESCB) is composed of the European Central Bank (ECB) and the national central banks (NCBs) of all 25 EU Member States. ... The European Investment Bank (the Banque Européenne dInvestissement) is the European Unions financing institution and was established under the Treaty of Rome (1957) to provide loan finance for capital investment furthering European Union policy objectives, in particular regional development, Trans-European Networks of transport, telecommunications and energy... Image File history File links This is a lossless scalable vector image. ... The Eurozone (also called Euro Area, Eurosystem or Euroland) refers to the European Union member states that have adopted the euro currency union. ... The Oesterreichische Nationalbank (OeNB) is the central bank of the Republic of Austria and, as such, an integral part of both the European System of Central Banks (ESCB) and the Eurozone. ... The National Bank of Belgium (Nationale Bank van België in Dutch, Banque nationale de Belgique in French, and Belgischen Nationalbank in German) has been the central bank of Belgium since 1850. ... The Central Bank of Cyprus (Greek: Kεντρικη Τραπεζα της Κυπρου, Turkish: Kıbrıs Merkez Bankasi) is the central bank of the Republic of Cyprus, located in Nicosia. ... The Bank of Finland, Helsinki, with the statue of Johan Vilhelm Snellman in front. ... One of the Banque de Frances offices in Paris. ... The Deutsche Bundesbank (German Federal Bank) is the central bank of Germany and a part of the European System of Central Banks. ... Not to be confused with the National Bank of Greece. ... Headquarters Rome Established 1893 Governor Mario Draghi Central Bank of Italy Website bancaditalia. ... The Central Bank of Luxembourg (French: , BCL) is the central bank of Luxembourg. ... The Central Bank of Malta was established on 17 April 1968. ... De Nederlandsche Bank (DNB, The Dutch Bank) is the central bank of the Netherlands. ... The Bank of Portugal (Portuguese: ) is the central bank of the Republic of Portugal. ... The Bank of Slovenia is the bank of issue and the central bank of the Republic of Slovenia. ... The Banco de España (Bank of Spain) is the national central bank of Spain. ... central bank of the Republic of Bulgaria and one of the oldest central banks in the world, established on 25 January 1879. ... Czech National Bank (official name in Czech language: Česká národní banka, abbreviated ČNB) is central bank of the Czech Republic. ... Danmarks Nationalbank (English: National Bank of Denmark - in Danish often simply Nationalbanken) is the central bank of Denmark. ... The Bank of Estonia (Estonian: Eesti Pank), is the central bank of Estonia. ... The Hungarian National Bank (in Hungarian: Magyar Nemzeti Bank) is the central bank of Hungary. ... The Bank of Latvia (Latvijas Banka) is the central bank of Latvia. ... The Bank of Lithuania is the central bank of the Republic of Lithuania. ... Polish National Bank branch building in WrocÅ‚aw, Poland. ... Headquarters Bucharest Central Bank of Romania Currency Romanian leu -ISO 4217 Code RON Base borrowing rate 4. ... NBS Office Tower in Bratislava National Bank of Slovakia (Slovak: Národná banka Slovenska, abbr. ... Sveriges Riksbank (Swedish National Bank) is the central bank of Sweden, sometimes called just the Bank of Sweden. ... Headquarters Coordinates , , Governor Mervyn King Central Bank of United Kingdom Currency Pound sterling ISO 4217 Code GBP Base borrowing rate 5. ...

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Central Bank and Financial Services Authority of Ireland - Wikipedia, the free encyclopedia (1563 words)
The Central Bank and Financial Services Authority of Ireland (Banc Ceannais agus Údarás Seirbhísí Airgeadais na hÉireann in Irish) is the central bank and financial services regulator of the Republic of Ireland.
The bank was the issuer of Irish pound banknotes and coinage until the introduction of the euro currency, and currently the bank is an agent for the European Central Bank.
Previously Bank of Ireland was the governments banker since independence, and this is still one of the country's largest banks.
Central bank - Wikipedia, the free encyclopedia (2909 words)
A central bank, reserve bank or monetary authority, is an entity responsible for the monetary policy of its country or of its group of member states, such as the European Union.
A central bank is usually headed by a Governor, President in the case of the European Central Bank or Chief Executive/Managing Director in the case of Hong Kong Monetary Authority and Monetary Authority of Singapore.
Advocates of central bank independence argue that a central bank which is too susceptible to political direction or pressure may encourage economic cycles ("boom and bust"), as politicians may be tempted to boost economic activity in advance of an election, to the detriment of the long-term health of the economy and the country.
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