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National Bank of Serbia
Народна банка Србије
Narodna banka Srbije
Seal Head office
Seal Head office
Headquarters Belgrade, Serbia
Established July 2, 1884 (1884-07-02)
Governor Jorgovanka Tabaković
Central bank of Serbia
Currency Serbian dinar
ISO 4217 Code RSD
Reserves 16.21 billion USD (December 2012)
Base borrowing rate 9.75%
Base deposit rate 7.25%
Website www.nbs.rs

The National Bank of Serbia (Serbian: Народна банка Србије / Narodna banka Srbije) is the central bank of Serbia. Founded in 1884,[1] the responsibilities of the bank are: monetary policy, sole issuer of Serbian banknotes and coins, protection of price stability and promotion of stability of the financial system within Serbia.[2]

Core functions of the National Bank of Serbia include determining and implementation of the monetary policy, as well as that of the dinar exchange rate policy, management of the foreign currency reserves, issue of banknotes and coins, and maintenance of efficient payment and financial systems. The current governor of the bank is Jorgovanka Tabaković, as of August 6, 2012.[3]

Contents

History [edit]

The bank was originally established on July 2, 1884 as the Privileged National Bank of the Kingdom of Serbia. It was modeled after the National Bank of Belgium, considered at the time to be at the forefront of modern banking institutions.[4] The first governor of the bank was Aleksa Spasić. Following the First World War, the bank underwent several changes as the country expanded and eventually became Yugoslavia. It wasn't until 2003 that the last remnant of Yugoslavia disappeared and the bank returned to minting Serbian currency.

Head office building, 12 Kralja Petra St. Belgrade

Predecessors [edit]

  • Privileged National Bank of the Kingdom of Serbia (2 July 1884 - 20 January 1920)
  • National Bank of the Kingdom of Serbs, Croats and Slovens (20 January - 3 October 1929)
  • National Bank of the Kingdom of Yugoslavia (3 October 1929 - September 1946)
  • National Bank of Yugoslavia (September 1946 - 19 July 2003)
  • National Bank of Serbia ( - since 19 July 2003)
NBS headquarters, 17 Nemanjina St. Belgrade (since 2006)

See also [edit]

References [edit]

  1. ^ "National Bank of Serbia Archive". Retrieved 2 September 2012. 
  2. ^ About the NBS
  3. ^ Management of the Bank
  4. ^ "Tradition of Central Banking". National Bank of Serbia. Retrieved 13 April 2013. 

External links [edit]


Coordinates: 44°48′13″N 20°27′53″E / 44.80361°N 20.46472°E / 44.80361; 20.46472


Original courtesy of Wikipedia: http://en.wikipedia.org/wiki/National_Bank_of_Serbia — Please support Wikipedia.
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77 news items

 
4-traders (press release)
Fri, 17 May 2013 09:36:09 -0700

In its meeting of 14 May, the Executive Board of the National Bank of Serbia adopted amendments and supplements to the Decision on Risk Management by Banks, Decision on the Classification of Bank Balance Sheet Assets and Off-Balance Sheet Items ...

InSerbia News

InSerbia News
Wed, 15 May 2013 09:31:57 -0700

BELGRADE – The International Monetary Fund's (IMF) visit is not aimed at making a new arrangement, but rather checking Serbia's economic health, Governor of the National Bank of Serbia (NBS) Jorgovanka Tabakovic said on Wednesday.
 
4-traders (press release)
Thu, 16 May 2013 07:48:58 -0700

For the seventh consecutive year, the National Bank of Serbia will take part in the "Museum Night" by opening to the public its exhibition halls in 12 Kralja Petra and 17 Nemanjina Street. The NBS Visitor Centre in 12 Kralja Petra Street will showcase ...
 
4-traders (press release)
Mon, 13 May 2013 04:52:16 -0700

The Foreign Exchange Reserve Management Strategy of the National Bank of Serbia (hereinafter: FX reserves) is a fundamental document which sets out long-term FX reserves investment framework, general investment principles and goals, investment ...
 
Balkans.com Business News
Tue, 14 May 2013 22:58:38 -0700

The Executive Board of the National Bank of Serbia decided to trim the key policy rate by half a percentage point, to 11.25%. In making the above decision, the Executive Board was guided by the significantly lower inflationary pressures, which receded ...
 
4-traders (press release)
Tue, 14 May 2013 09:46:06 -0700

NBS FX reserves amounted to EUR 11,148.0 million at end-April, covering M1 by 394 percent and around eight months of imports of goods and services. The largest outflows from FX reserves were registered in respect of early repayment of a part of debt to ...
 
4-traders (press release)
Thu, 09 May 2013 07:31:24 -0700

In the course of 22 business days in April 2013, total 17.4 million payments were processed in the NBS RTGS (12.1 million or 69.5%) and clearing system (5.3 million or 30.5%). The average number of payments was 790,283 per day, of which 549,500 in ...

InSerbia News

4-traders (press release)
Wed, 08 May 2013 04:32:49 -0700

0. 2013-05-08 12:09:18.0. Serbian Authorities Start Talks with IMF Mission. Talks between the Serbian authorities and a mission of the International Monetary Fund (IMF) opened today with a plenary meeting at the National Bank of Serbia. The IMF mission ...
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