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National Bank of North Macedonia

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The National Bank of the Republic of North Macedonia (Macedonian: Народна банка на Република Северна Македонија, romanizedNarodna Banka na Republika Severna Makedonija, NBRM, Albanian: Banka kombëtare e Maqedonisë së Veriut, BKMV) is the central bank of North Macedonia, located in the capital city, Skopje.

National Bank of North Macedonia
Народна банка на Република Северна Македонија
Banka kombëtare e Maqedonisë së Veriut
Logo
Logo
Headquarters
Headquarters
HeadquartersSkopje
Established1991
ChairmanAnita Angelovska-Bezhoska
Central bank ofNorth Macedonia
CurrencyMacedonian denar
MKD (ISO 4217)
Bank rate3.50%
Websitehttp://www.nbrm.mk

The current Governor of the NBRM is Anita Angelovska-Bezhoska, since May 22, 2018.

Functions

The NBRM performs the following functions:

  • establish and conduct monetary policy;
  • regulate liquidity in the international payments;
  • establish and conduct the Denar;
  • handle and manage foreign exchange reserves;
  • regulate the payment system;
  • grant founding and operating license to a bank and a savings house and supervise the banks and savings houses;
  • grant a licence for performing services of prompt money transfer and supervise the operations of the entities performing services of prompt money transfer in accordance with a law;
  • grant operating licenses to foreign exchange bureaus and supervise their operations in accordance with the law;
  • issue banknotes and coins;
  • perform activities for the account of the central government and the government administration bodies.

See also

41°59′37″N 21°26′33″E / 41.99361°N 21.44250°E / 41.99361; 21.44250