Emoji u1f384.svg
Merry Christmas from the IIWiki Team! Have a happy new year!

The Central System Bank

Revision as of 10:41, 5 December 2023 by Cmnsedit (talk | contribs)
Jump to navigation Jump to search


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