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The Central System Bank

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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
CAD (ISO 4217)
Bank rate4.50%
Preceded byCentral Bank of the Caminoes (1949–1993)
Websitewww.csb.gov.cm

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.