The Federal Reserve System is the central banking method of the United States of America. It was established on 23rd December 1913. The US Congress has established three main goals of monetary policy in the Federal Reserve Act: maximizing employment, stabilizing prices, and reducing long-term interest rates. The first two goals are sometimes referred to […]
Continue readingThe Bank of Canada is the central monetary authority and the central bank of Canada. It was established in 1934 under the Canadian Banking Act. Bank of Canada headquarters is located in Ottawa, Ontario. It is responsible for formulating Canada’s monetary policy, promoting a safe and sound financial system in Canada, issuing and printing Canadian […]
Continue readingThe Central Bank of the Republic of Turkey is the central monetary authority and the central bank of Turkey. It was established in 1930 and its headquarters is situated in Ankara, Turkey. The central bank is monitoring the financial organizations and banks in Turkey. The key responsibilities of the central bank include: maintaining price stability, […]
Continue readingThe Czech National Bank (CNB) is the central monetary authority of the Czech Republic and it supervises all financial institutions. CNB was established in 1993 when Czechoslovakia was resolved. The Czech Central Bank offers banking services to the country’s public sector and its headquarter is in Prague. As of March 2018, there were 46 banks […]
Continue readingThere are more than 80 banks in the Netherlands De Nederlandsche Bank NV (DNB) is the central bank of the Netherlands and it is the government-owned bank. The bank was established on 25th March 1814 by King Willaim. It is part of the European System of Central Banks (ESCB). The central bank is responsible for […]
Continue readingThe Bank of Ghana is the country’s central monetary authority. The central bank was founded in 1957 and it was located in the capital city of Acra. There are 28 private banks in Ghana’s banking and financial industry. The central bank is monitoring all the financial institutions. It also monitors monetary policy and suggests the […]
Continue readingThe Central Bank of Zambia was established in 1964 to take over the functions of the Bank of Northern Rhodesia. The Bank of Zambia is the central monetary authority of Zambia. The Central Bank supervises Zambia’s banks and formulates and implements the country’s monetary policy. The latest data from the Bank of Zambia (BOZ) shows […]
Continue readingThe Central Bank was established in 1964. The Reserve Bank of Zimbabwe is the country’s central bank and central monetary authority. The central bank is responsible for overseeing Zimbabwe’s microfinance organizations, construction associations, lending institutions and banks. The bank also implements monetary policy, price stability and a stable financial system. An internationally renowned economic research […]
Continue readingNigeria is a West African country. It is the fifth-biggest Muslim country in the world. The country got a stable democracy in 1990 from military dictatorships. The Federal Republic of Nigeria is its official name. Its border country is Chad, Cameroon, Benin and Niger. Nigeria is the seventh most populous country in Africa. The Central […]
Continue readingUganda is an African country. The country got independence in 1962. Uganda’s prime bank is Standard Bank, Grindlays UK, Barclays Uk and bank of Baroda India. Bank of Uganda is the central bank of Uganda but in the Ugandan language, it is called Benki Kuu ya Uganda. The central bank of Uganda was established in […]
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