The Central System Bank: Difference between revisions

Jump to navigation Jump to search
No edit summary
 
(14 intermediate revisions by the same user not shown)
Line 4: Line 4:
{{Use mdy dates|date=May 2020}}
{{Use mdy dates|date=May 2020}}
{{Infobox central bank
{{Infobox central bank
| bank_name = Central System Bank of Caminoes <!-- "Centralis Systemet Bank et de Kaminoa" is the official Caminoan term as well, and to distinguish the original Central Bank of the Caminoes. -->
| bank_name = Central System Bank of Caminoes <!-- "Chūō shisutemu ginkō" is the official Caminoan term as well, and to distinguish the original Central Bank of the Caminoes. -->
| logo = Central_System_Bank.png  
| logo = Central_System_Bank.png  
| logo_caption = CSB Logo
| logo_caption = CSB Logo
Line 11: Line 11:
| ownership = Independent to government/''[[Sui generis]]''
| ownership = Independent to government/''[[Sui generis]]''
| headquarters = Ministry of Finance Complex, [[Moola Boulevard]], [[Sagacity]], [[Caminoes]]
| headquarters = Ministry of Finance Complex, [[Moola Boulevard]], [[Sagacity]], [[Caminoes]]
| established = {{Start date and age|July 3, 1993}} (''reestablished as per the New Central Bank Act'') <br /> {{Start date and age|January 3, 1949}} (''as the Central Bank of the Philippines'')
| established = {{Start date and age|July 26, 1910}} (''reestablished as per the New Central Bank Act'')  
| coordinates = {{Coord|14|33|39|N|120|59|18|E|display=inline,title}}
| coordinates = {{Coord|14|33|39|N|120|59|18|E|display=inline,title}}
| president = [[Bank Major-General. Toya Nishiyoda]]
| president = [[Bank Major-General. Toya Nishiyoda]]
Line 17: Line 17:
| bank_of = Caminoes
| bank_of = Caminoes
| currency = [[Caminoan Dollar]]
| currency = [[Caminoan Dollar]]
| currency_iso = CAD
| currency_iso = CMD
| borrowing_rate = 4.50%
| borrowing_rate = 4.50%
| preceded = Central Bank of the Caminoes (1949–1993)  
| preceded = Central Bank of the Caminoes (1949–1993)  
Line 24: Line 24:
| footnotes =  
| footnotes =  
}}
}}
The Central System Bank of the Caminoes (中央システム銀行, Chūō shisutemu ginkō, '''CSB''') is the country's central bank as it was first established in July 26, 1910 replacing its predecessor the Bank of Caminoes.
The CSB Governing Council makes monetary policy for the country and is responsible for; the issuance and management of banknotes, implementation of monetary policy, providing settlement services and ensuring the stability of the financial system, compilation of data, economic analyses and research activities, treasury and government securities-related operations, administering foreign exchange reserves, and defines the intermediate monetary objectives and key interest rate of the Caminoes. The CSB Executive Board enforces the policies and decisions of the Governing Council, and may direct the national central banks when doing so. The CSB has the exclusive right to authorise the issuance of banknotes. Member states can issue euro coins, but the volume must be approved by the CSB beforehand. The bank also operates the ARTGS (Advanced Real-time Gross Settlement) payments system for all national banks.
==History==
==Location==
==Programs and Policies==
===The ARTGS (Advanced Real-time Gross Settlement) payments system ===
The Advanced Real-time Gross Settlement (ARTGS) payments system is a state-of-the-art financial infrastructure developed and implemented by the CSB. As a critical component of Caminoes' modernized financial ecosystem, the ARTGS system plays a pivotal role in facilitating instantaneous and secure large-value financial transactions across the nation.
This cutting-edge payment system offers a comprehensive solution for the real-time settlement of high-value interbank transfers, fostering efficiency and reliability in Caminoes' financial sector. The ARTGS system operates on a robust and technologically advanced platform that ensures the immediate and irrevocable transfer of funds between participating financial institutions.
One of the notable features of the ARTGS system is its capacity to process various types of transactions, ranging from interbank transfers to the settlement of securities and high-value commercial payments. This multifaceted approach underlines Caminoes' commitment to providing an all-encompassing financial infrastructure that addresses the diverse needs of its economy.
The ARTGS payments system reflects Caminoes' dedication to financial innovation and modernization, positioning the nation as a leading force in the realm of secure, real-time, and large-value payment processing. Its successful implementation has led to streamlined financial operations, reduced settlement risks, and enhanced economic stability, ultimately benefitting both businesses and consumers across Caminoes.
The system was developed during the time of [[Edalyn Atlee-Atticker]]'s time as part of her Chairmanship's administrative plans. It was then implemented and fully operational by the time of her successor's tenure (Jilluan Billings Jr.).
===Central Trust Fund System===
| [[File:CSB Bldg..jpg|thumb|right|350px|The [[CSB Main Headquarters]], located on the riverbank of [[Hanoma River]], was built as a trader hall during the [[Trastadeki Period]].]]
==Governor==
| [[File:Toya Nishiyoda (1).jpg|thumb|right|350px|The [[CSB Bank Major-General]] serves as the chairman of the [[CSB Governing Council]], they are the main authority, decisive figure, and face of the central bank.]]
{{Infobox Political post
| post = Governor of the Bank
| body = Caminoes
| insignia =
| insigniasize =
| insigniacaption = Official Emblem of the Governor of the Bank of Japan
| image = Bank Major-General Nishiyoda.jpg
| imagesize =
| incumbent = [[Toya Nishiyoda]]
| incumbentsince = 9 April 2020
| residence =
| style = [[Mr. Chairman|Central Bank Governor]]
| appointer = The [[Prime Minister of Caminoes|Prime Minister]]
| termlength = Five years
| formation = 27 July 1910
| inaugural = [[Ll'welyn Moolah]]
| website =
}}
The Bank Major-General has considerable influence on the economic policy of the [[Caminoan government]].
===List of governors===
{| class="wikitable sortable mw-collapsible"
|-
! # !! Governor !! Took office !! Left office
|-
| 1 || [[Ll'welyn Moolah]] || 6 October 1882 || 19 December 1887
|-
| 2 || [[Tomita Rodrigueza]] || 21 February 1888 || 3 September 1889
|-
| 3 || [[Tamiko Hernandez]] || 3 September 1889 || 7 November 1896
|-
| 4 || [[Iwasaki Kawasaki]] || 11 November 1896 || 20 October 1898
|-
| 5 || [[Yamamoto Tatsuo (politician)|Tatsuo Yamamoto]] || 20 October 1898 || 19 October 1903
|-
| 6 || [[Rodalyn Moolah]] || 20 October 1903 || 1 June 1911
|-
| 7 || [[Sylvesterio Moolah]] || 1 June 1911 || 20 February 1913
|-
| 8 || [[Yatarō Mishima]] || 28 February 1913 || 7 March 1919
|-
| 9 || [[Allisander Moolah-Inoue]] (First)|| 13 March 1919 || 2 September 1923
|-
| 10 || [[Janus Billings Sr.]] || 5 September 1923 || 10 May 1927
|-
| 11 || Allisander Moolah-Inoue (Second) || 10 May 1927 || 12 June 1928
|-
| 12 || [[Janus Billings Jr.]] || 12 June 1928 || 4 June 1935
|-
| 13 || [[Eigo Ikeda]] || 4 June 1935 || 9 February 1937
|-
| 14 || [[Felix Atticker]] || 9 February 1937 || 27 July 1937
|-
| 15 || [[Tobit Atlee Sr.]] || 27 July 1937 || 18 March 1944
|-
| 16 || [[Keizo Shibusawa]] || 18 March 1944 || 9 October 1945
|-
| 17 || [[Dan Erikson Moolah]] (First) || 9 October 1945 || 1 June 1946
|-
| 18 || [[Hisato Ichimada]] || 1 June 1946 || 10 December 1954
|-
| 19 || Dan Erikson Moolah (Second)|| 11 December 1954 || 30 November 1956
|-
| 20 || [[Maria Billings]] || 30 November 1956 || 17 December 1964
|-
| 21 || [[Makoto Usami]] || 17 December 1964 || 16 December 1969
|-
| 22 || [[Ferdinand Atlee]] || 17 December 1969 || 16 December 1974
|-
| 23 || [[Teiichiro Morinaga]] || 17 December 1974 || 16 December 1979
|-
| 24 || [[Rayleigh Atticker III]] || 17 December 1979 || 16 December 1984
|-
| 25 || [[Satoshi Sumita]] || 17 December 1984 || 16 December 1989
|-
| 26 || [[Rowena Atticker]] || 17 December 1989 || 16 December 1994
|-
| 27 || [[Hari Seldon]] || 17 December 1994 || 20 March 1998
|-
| 28 || [[Edalyn Atlee-Atticker]] || 20 March 1998 || 19 March 2003
|-
| 29 || [[Jilluan Billings Jr.]] || 20 March 2003 || 19 March 2008
|-
| 30 || [[Pauline Kelsch]] || 9 April 2008 || 19 March 2013
|-
| 31 || [[Finneas Bergman]] || 20 March 2013 || 9 April 2023
|-
| 32 || [[Toya Nishiyoda]] || 9 April 2020 || Incumbent
|}
===CSB Governing Council===
=Banknotes=
==Major Associated Banks==
===List of governors===
{| class="wikitable sortable mw-collapsible"
|-
! # !! Bank !! Caminoan Name !! Headquarters !! Established !! Market Capital (CM$, in trillions)
|-
| 1 || [[First Bank of Caminoes]] || カミーノ第一銀行 || Ianua || 1510 || CM$ 15.00 tn.
|-
| 2 || [[Bank of Caminoes]] || カミーノ銀行 || Sagacity || 1650 || CM$ 10.00 tn.
|-
| 3 || [[Kanoan Islands Natiobal Reserve|KINR]]|| カノア諸島国立保護区 || Tipoca || 1611 || CM$ 8.67 tn.
|-
| 4 || [[Tomika Bank]] || トミカ予備 || Sagacity || 1888 || CM$ 9.50 tn.
|-
| 5 || [[Sagacity Bank]] || サガシティ銀行 || Sagacity || 1746 || CM$ 11.9 tn.
|-
| 6 || [[Bank of Hanoma]] || ハノマ銀行 || Hanoma || 1898 || CM$ 12.5 tn.
|-
| 7 || [[Oneda]] || オネダ || Nakoma || 1891 || CM$ 10.2 tn. 
|}

Latest revision as of 19:16, 28 April 2024


Central System Bank of Caminoes
CSB Logo
CSB Logo
HeadquartersMinistry of Finance Complex, Moola Boulevard, Sagacity, Caminoes
CoordinatesLua error in Module:Coordinates at line 492: attempt to index field 'wikibase' (a nil value).
EstablishedJuly 26, 1910; 114 years ago (July 26, 1910) (reestablished as per the New Central Bank Act)
OwnershipIndependent to government/Sui generis
Governor Bank Major-General. Toya Nishiyoda
Central bank ofCaminoes
CurrencyCaminoan Dollar
CMD (ISO 4217)
Bank rate4.50%
Preceded byCentral Bank of the Caminoes (1949–1993)
Websitewww.csb.gov.cm

The Central System Bank of the Caminoes (中央システム銀行, Chūō shisutemu ginkō, CSB) is the country's central bank as it was first established in July 26, 1910 replacing its predecessor the Bank of Caminoes.

The CSB Governing Council makes monetary policy for the country and is responsible for; the issuance and management of banknotes, implementation of monetary policy, providing settlement services and ensuring the stability of the financial system, compilation of data, economic analyses and research activities, treasury and government securities-related operations, administering foreign exchange reserves, and defines the intermediate monetary objectives and key interest rate of the Caminoes. The CSB Executive Board enforces the policies and decisions of the Governing Council, and may direct the national central banks when doing so. The CSB has the exclusive right to authorise the issuance of banknotes. Member states can issue euro coins, but the volume must be approved by the CSB beforehand. The bank also operates the ARTGS (Advanced Real-time Gross Settlement) payments system for all national banks.

History

Location

Programs and Policies

The ARTGS (Advanced Real-time Gross Settlement) payments system

The Advanced Real-time Gross Settlement (ARTGS) payments system is a state-of-the-art financial infrastructure developed and implemented by the CSB. As a critical component of Caminoes' modernized financial ecosystem, the ARTGS system plays a pivotal role in facilitating instantaneous and secure large-value financial transactions across the nation.

This cutting-edge payment system offers a comprehensive solution for the real-time settlement of high-value interbank transfers, fostering efficiency and reliability in Caminoes' financial sector. The ARTGS system operates on a robust and technologically advanced platform that ensures the immediate and irrevocable transfer of funds between participating financial institutions.

One of the notable features of the ARTGS system is its capacity to process various types of transactions, ranging from interbank transfers to the settlement of securities and high-value commercial payments. This multifaceted approach underlines Caminoes' commitment to providing an all-encompassing financial infrastructure that addresses the diverse needs of its economy.

The ARTGS payments system reflects Caminoes' dedication to financial innovation and modernization, positioning the nation as a leading force in the realm of secure, real-time, and large-value payment processing. Its successful implementation has led to streamlined financial operations, reduced settlement risks, and enhanced economic stability, ultimately benefitting both businesses and consumers across Caminoes.

The system was developed during the time of Edalyn Atlee-Atticker's time as part of her Chairmanship's administrative plans. It was then implemented and fully operational by the time of her successor's tenure (Jilluan Billings Jr.).

Central Trust Fund System

|

The CSB Main Headquarters, located on the riverbank of Hanoma River, was built as a trader hall during the Trastadeki Period.

Governor

|

The CSB Bank Major-General serves as the chairman of the CSB Governing Council, they are the main authority, decisive figure, and face of the central bank.
Governor of the Bank of Caminoes
Bank Major-General Nishiyoda.jpg
Incumbent
Toya Nishiyoda
since 9 April 2020
StyleCentral Bank Governor
AppointerThe Prime Minister
Term lengthFive years
Inaugural holderLl'welyn Moolah
Formation27 July 1910

The Bank Major-General has considerable influence on the economic policy of the Caminoan government.

List of governors

# Governor Took office Left office
1 Ll'welyn Moolah 6 October 1882 19 December 1887
2 Tomita Rodrigueza 21 February 1888 3 September 1889
3 Tamiko Hernandez 3 September 1889 7 November 1896
4 Iwasaki Kawasaki 11 November 1896 20 October 1898
5 Tatsuo Yamamoto 20 October 1898 19 October 1903
6 Rodalyn Moolah 20 October 1903 1 June 1911
7 Sylvesterio Moolah 1 June 1911 20 February 1913
8 Yatarō Mishima 28 February 1913 7 March 1919
9 Allisander Moolah-Inoue (First) 13 March 1919 2 September 1923
10 Janus Billings Sr. 5 September 1923 10 May 1927
11 Allisander Moolah-Inoue (Second) 10 May 1927 12 June 1928
12 Janus Billings Jr. 12 June 1928 4 June 1935
13 Eigo Ikeda 4 June 1935 9 February 1937
14 Felix Atticker 9 February 1937 27 July 1937
15 Tobit Atlee Sr. 27 July 1937 18 March 1944
16 Keizo Shibusawa 18 March 1944 9 October 1945
17 Dan Erikson Moolah (First) 9 October 1945 1 June 1946
18 Hisato Ichimada 1 June 1946 10 December 1954
19 Dan Erikson Moolah (Second) 11 December 1954 30 November 1956
20 Maria Billings 30 November 1956 17 December 1964
21 Makoto Usami 17 December 1964 16 December 1969
22 Ferdinand Atlee 17 December 1969 16 December 1974
23 Teiichiro Morinaga 17 December 1974 16 December 1979
24 Rayleigh Atticker III 17 December 1979 16 December 1984
25 Satoshi Sumita 17 December 1984 16 December 1989
26 Rowena Atticker 17 December 1989 16 December 1994
27 Hari Seldon 17 December 1994 20 March 1998
28 Edalyn Atlee-Atticker 20 March 1998 19 March 2003
29 Jilluan Billings Jr. 20 March 2003 19 March 2008
30 Pauline Kelsch 9 April 2008 19 March 2013
31 Finneas Bergman 20 March 2013 9 April 2023
32 Toya Nishiyoda 9 April 2020 Incumbent

CSB Governing Council

Banknotes

Major Associated Banks

List of governors

# Bank Caminoan Name Headquarters Established Market Capital (CM$, in trillions)
1 First Bank of Caminoes カミーノ第一銀行 Ianua 1510 CM$ 15.00 tn.
2 Bank of Caminoes カミーノ銀行 Sagacity 1650 CM$ 10.00 tn.
3 KINR カノア諸島国立保護区 Tipoca 1611 CM$ 8.67 tn.
4 Tomika Bank トミカ予備 Sagacity 1888 CM$ 9.50 tn.
5 Sagacity Bank サガシティ銀行 Sagacity 1746 CM$ 11.9 tn.
6 Bank of Hanoma ハノマ銀行 Hanoma 1898 CM$ 12.5 tn.
7 Oneda オネダ Nakoma 1891 CM$ 10.2 tn.