The Central System Bank: Difference between revisions
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The Central System Bank of the Caminoes (Des Centralis Systemet Banc et de Kaminoa) 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 ECB beforehand. The bank also operates the ERTGS payments system. | |||
Revision as of 10:38, 20 October 2023
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 CSB Logo | |
| Headquarters | Ministry of Finance Complex, Moola Boulevard, Sagacity, Caminoes |
|---|---|
| Coordinates | Lua error in Module:Coordinates at line 492: attempt to index field 'wikibase' (a nil value). |
| Established | July 26, 1910 (reestablished as per the New Central Bank Act) |
| Ownership | Independent to government/Sui generis |
| Governor | Bank Major-General. Toya Nishiyoda |
| Central bank of | Caminoes |
| Currency | Caminoan Dollar CAD (ISO 4217) |
| Bank rate | 4.50% |
| Preceded by | Central Bank of the Caminoes (1949–1993) |
| Website | www |
The Central System Bank of the Caminoes (Des Centralis Systemet Banc et de Kaminoa) 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 ECB beforehand. The bank also operates the ERTGS payments system.