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A central bank,reserve bank,or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union. In contrast to a commercial bank,a central bank possesses a monopoly on increasing the monetary base. Many central banks also have supervisory or regulatory powers to ensure the stability of commercial banks in their jurisdiction,to prevent bank runs,and in some cases also to enforce policies on financial consumer protection and against bank fraud,money laundering,or terrorism financing.
The Federal Reserve System is the central banking system of the United States. It was created on December 23,1913,with the enactment of the Federal Reserve Act,after a series of financial panics led to the desire for central control of the monetary system in order to alleviate financial crises. Over the years,events such as the Great Depression in the 1930s and the Great Recession during the 2000s have led to the expansion of the roles and responsibilities of the Federal Reserve System.
The People's Bank of China is the central bank of the People's Republic of China,responsible for carrying out monetary policy and regulation of financial institutions in China,as determined by the People's Bank Law and the Commercial Bank Law. It is the 25th-ranked cabinet-level executive department of the State Council.
The Reserve Bank of India,abbreviated as RBI,is India's central bank and regulatory body responsible for regulation of the Indian banking system. It is under the ownership of Ministry of Finance,Government of India. It is responsible for the control,issue and maintaining supply of the Indian rupee. It also manages the country's main payment systems and works to promote its economic development. Bharatiya Reserve Bank Note Mudran (BRBNM) is a specialised division of RBI through which it prints and mints Indian currency notes (INR) in four of its currency printing presses located in Nashik,Dewas,Mysore and Salboni. The RBI established the National Payments Corporation of India as one of its specialised division to regulate the payment and settlement systems in India. Deposit Insurance and Credit Guarantee Corporation was established by RBI as one of its specialised division for the purpose of providing insurance of deposits and guaranteeing of credit facilities to all Indian banks.
The Reserve Bank of Australia (RBA) is Australia's central bank and banknote issuing authority. It has had this role since 14 January 1960,when the Reserve Bank Act 1959 removed the central banking functions from the Commonwealth Bank.
The Central Bank of Sri Lanka is the monetary authority of Sri Lanka. It was established in 1950 under the Monetary Law Act No.58 of 1949 (MLA) and in terms of the Central Bank of Sri Lanka Act No. 16 of 2023,the CBSL is a body corporate with perpetual succession and a common seal. The Central Bank has administrative and financial autonomy. The CBSL has two main boards in operation,namely,
Bangladesh Bank is the central bank of Bangladesh and is a member of the Asian Clearing Union. It is fully owned by the Government of Bangladesh.
The Bank of Uganda is the central bank of Uganda. Established in 1966,by Act of Parliament,the bank is wholly owned by the government but is not a government department.
The Saudi Central Bank,previously known as the Saudi Arabian Monetary Authority,established in 1952,is the central bank of the Kingdom of Saudi Arabia. After the name change in 2020,the Saudi Central Bank continued to use the same acronym (SAMA).
The Reserve Bank of Zimbabwe is the central bank of Zimbabwe and is headquartered in the capital city Harare.
Villeta is a city of Paraguay in the Central Department,on the banks of Paraguay River. It is an important industrial center and port.
The Central Bank of Nigeria is the central bank and apex monetary authority of Nigeria established by the CBN Act of 1958 and commenced operations on 1 July 1959. The major regulatory objectives of the bank as stated in the CBN Act are to:maintain the external reserves of the country,promote monetary stability and a sound financial environment,and act as a banker of last resort and financial adviser to the federal government. The central bank's role as lender of last resort and adviser to the federal government has sometimes pushed it into murky regulatory waters. After the end of imperial rule,the desire of the government to become proactive in the development of the economy became visible,especially after the end of the Nigerian civil war,the bank followed the government's desire and took a determined effort to supplement any show shortfalls,credit allocations to the real sector. The bank became involved in lending directly to consumers,contravening its original intention to work through commercial banks in activities involving consumer lending.
The Department of Finance is the executive department of the Philippine government responsible for the formulation,institutionalization and administration of fiscal policies,management of the financial resources of the government,supervision of the revenue operations of all local government units,the review,approval and management of all public sector debt,and the rationalization,privatization and public accountability of corporations and assets owned,controlled or acquired by the government.
The Bank of Ghana is the Central Bank of Ghana. It is located in Accra and was formed in 1957. The Bank of Ghana has Seven Regional Offices in addition to its head office in Accra. The regional offices are located in the following cities,Hohoe,Kumasi,Suyani,Tamale,Takoradi,Bolgatanga,Wa. The regional offices are responsible for implementing the policies and directives of the Bank of Ghana in their respective regions. They also provide banking services to the government,financial institutions,and the public.
JoséDe Gregorio Rebeco is a Chilean economist,academic,researcher,consultant and politician. He has been the Governor of the Central Bank of Chile,Minister of the Economy,Mining and Energy during the administration of Ricardo Lagos and is currently the Dean of the School of Economics and Business of the Universidad de Chile. He is also a nonresident Senior Fellow at the Peterson Institute for International Economics.
The Bank of the Province of Buenos Aires,better known as Banco Provincia,is a publicly owned bank in Argentina and the second-largest in the country by value of assets and deposits.
Alejandro Heredia was an Argentine soldier and politician. He fought in the war of independence,and in the subsequent civil war. He was governor and caudillo of Tucumán Province.
The governor of Bulacan is the local chief executive of the province of Bulacan in Central Luzon region of the country. The governor holds office at the Bulacan Provincial Capitol in Malolos City.
De Gregorio,DeGregorio,Di Gregorio and DiGregorio are surnames. Note that in some entries listed below,Gregorio is considered the surname. People so named include:
References
- ↑ "Central Bank Governors". Bangko Sentral ng Pilipinas . Retrieved August 29, 2011.