National Bank of Orioni
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Headquarters | O'polis, Orioni | ||
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Established | March 1, 1939 | ||
Governor | Mrs Minyoti Pironi | ||
Central bank of | Orioni | ||
Currency | Orinese Phi ORP (ISO 4217) | ||
Reserves | Φ162 billion | ||
Bank rate | 5.00% | ||
Website | www |
The National Bank of Orioni (Oharic: ), abbreviated as NBO, has been central bank of Orioni since 1939.
History
Functions
Apart from monetary policy, the National Bank of Orioni carries out these following functions:
- issuing of Phi banknotes
- printing of Phi banknotes
- placing in circulation of Phi coins
- services to the Orinese financial sector
- services to the general public
- management of foreign currency reserves
- collection, circulation and analysis of economic and financial information
Organisation
Governors
The Governor of the National Bank is a member of the Sibiseba, the legislative body of Orioni. The following is a list of the Governors of the National Bank of England since its foundation in the 20th century.
- Mrs Jurjina Yasna (1939–1941)
- Mr Ali Gobiri (1941)
- Mrs Jina Anisi (1941–1944)
- Mrs Wendimi Morsi (1944–1957)
- Mrs Abriti Anshixu (1957–1971)
- Mr Robert Wefochi (1971–1975)
- Mrs Sisili Distari (1975–1982)
- Mrs Rani Melekotawi (1982–1989)
- Mrs Lanika Esakesi (1989–1999)
- Mrs Loka Manda (1999–2011)
- Mr Lukasi Daperi (2011–2015)
- Mrs Jeni Simizi (2015–2019)
- Mrs Minyoti Pironi (2019 - Present)
Anti-money laundering
The criminal practice of money laundering is a persisting problem in Orioni and the wider Orient. The NBO has announced many preventive and counteractive measures to overcome the illegal processes. In January 2009, the Anti-Money Laundering Act was made into law. It provides a foundation of the monitoring, blocking and penalising suspected and conviction money laundering operations. In January 2011, Chairman Strupar further strengthened the Anti-Money Laundering Law. He expanded its responsibilities to include: suspicious transactions in foreign exchange, real estate, art, precious metals and jewellery.
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