Money and Currency

List of Reserve Banks in The World

A list of Reserve Banks around the world comprises institutions responsible for regulating and overseeing monetary policies, managing currency issuance, and maintaining financial stability within their respective countries. Notable examples include the Federal Reserve System in the United States, established in 1913, and the European Central Bank, formed in 1998, which oversees the Eurozone. The Reserve Bank of India, founded in 1935, serves as India’s central banking institution, while the Bank of Japan, established in 1882, fulfills a similar role in Japan. The People’s Bank of China, founded in 1948, acts as the central bank for the People’s Republic of China. Other prominent examples include the Reserve Bank of Australia (1959), the Bank of Canada (1935), and the Bank of England (1694). Each reserve bank plays a crucial role in formulating and implementing monetary policies, managing national currencies, and fostering financial stability within its jurisdiction. It’s important to note that the status and existence of central banks may evolve over time, and new institutions may emerge in response to changing economic landscapes.

  1. Federal Reserve System (Fed) – United States

The Federal Reserve System, commonly known as the Fed, is the central banking system of the United States. Established in 1913, the Fed plays a crucial role in regulating the U.S. monetary and financial system. Headquartered in Washington D.C., the Fed operates through twelve regional banks and is led by the Board of Governors. For more information, visit their official website: www.federalreserve.gov.

  1. European Central Bank (ECB) – Eurozone

The European Central Bank serves as the central bank for the Eurozone, comprising 19 of the 27 European Union member states. Established in 1998, the ECB is headquartered in Frankfurt, Germany. It is responsible for formulating and implementing monetary policy for the Eurozone. Explore more at www.ecb.europa.eu.

  1. Bank of Japan (BoJ) – Japan

The Bank of Japan, established in 1882, is the central bank of Japan. Headquartered in Tokyo, the BoJ is responsible for issuing the Japanese yen and implementing monetary policy to achieve price stability. Learn more at www.boj.or.jp.

  1. People’s Bank of China (PBOC) – China

As the central bank of the People’s Republic of China, the People’s Bank of China (PBOC) was founded in 1948. Headquartered in Beijing, the PBOC plays a crucial role in monetary policy formulation and currency regulation. For detailed information, visit www.pbc.gov.cn.

  1. Bank of England (BoE) – United Kingdom

Established in 1694, the Bank of England is the central bank of the United Kingdom. Headquartered in London, the BoE is responsible for issuing the British pound and implementing monetary policies to ensure price stability. Explore more at www.bankofengland.co.uk.

  1. Swiss National Bank (SNB) – Switzerland

The Swiss National Bank, founded in 1907, serves as the central bank of Switzerland. Headquartered in Bern, the SNB is responsible for monetary policy, currency issuance, and maintaining price stability. For detailed information, visit www.snb.ch.

  1. Reserve Bank of India (RBI) – India

The Reserve Bank of India, established in 1935, is the central bank of India. Headquartered in Mumbai, the RBI plays a pivotal role in monetary policy formulation, currency regulation, and overall financial stability. Learn more at www.rbi.org.in.

  1. Bank of Canada (BoC) – Canada

Founded in 1934, the Bank of Canada is the central bank of Canada. Headquartered in Ottawa, the BoC is responsible for monetary policy formulation, currency issuance, and overall financial stability. Explore more at www.bankofcanada.ca.

  1. Banco de Mexico (Banxico) – Mexico

Banco de Mexico, established in 1925, is the central bank of Mexico. Headquartered in Mexico City, Banxico is responsible for monetary policy, currency regulation, and financial stability. For detailed information, visit www.banxico.org.mx.

  1. Reserve Bank of Australia (RBA) – Australia

The Reserve Bank of Australia, founded in 1960, serves as the central bank of Australia. Headquartered in Sydney, the RBA is responsible for monetary policy formulation, currency issuance, and financial stability. Learn more at www.rba.gov.au.

  1. Sveriges Riksbank – Sweden

Sveriges Riksbank, established in 1668, is the central bank of Sweden. Headquartered in Stockholm, the Riksbank plays a key role in monetary policy formulation and maintaining financial stability. Explore more at www.riksbank.se.

  1. Norges Bank – Norway

Founded in 1816, Norges Bank is the central bank of Norway. Headquartered in Oslo, Norges Bank is responsible for monetary policy formulation, currency issuance, and financial stability. For detailed information, visit www.norges-bank.no.

  1. Banque de France – France

Banque de France, established in 1800, is the central bank of France. Headquartered in Paris, the Banque de France plays a crucial role in monetary policy formulation and financial stability. Learn more at www.banque-france.fr.

  1. Deutsche Bundesbank – Germany

Founded in 1957, Deutsche Bundesbank is the central bank of Germany. Headquartered in Frankfurt, the Bundesbank is responsible for monetary policy formulation and maintaining financial stability. Explore more at www.bundesbank.de.

  1. Banco Central do Brasil – Brazil

Banco Central do Brasil, established in 1964, is the central bank of Brazil. Headquartered in Brasília, the Banco Central do Brasil plays a key role in monetary policy formulation and financial stability. For detailed information, visit www.bcb.gov.br.

  1. Banca d’Italia – Italy

Banca d’Italia, founded in 1893, is the central bank of Italy. Headquartered in Rome, the Banca d’Italia is responsible for monetary policy formulation and financial stability. Learn more at www.bancaditalia.it.

  1. South African Reserve Bank (SARB) – South Africa

Established in 1921, the South African Reserve Bank is the central bank of South Africa. Headquartered in Pretoria, the SARB is responsible for monetary policy formulation and financial stability. Explore more at www.resbank.co.za.

  1. Banco de España – Spain

Banco de España, founded in 1782, is the central bank of Spain. Headquartered in Madrid, the Banco de España plays a crucial role in monetary policy formulation and financial stability. For detailed information, visit www.bde.es.

  1. Banco de Portugal – Portugal

Established in 1846, Banco de Portugal is the central bank of Portugal. Headquartered in Lisbon, the Banco de Portugal is responsible for monetary policy formulation and financial stability. Learn more at www.bportugal.pt.

  1. Bank of Korea (BOK) – South Korea

The Bank of Korea, founded in 1950, is the central bank of South Korea. Headquartered in Seoul, the BOK plays a key role in monetary policy formulation and financial stability. Explore more at www.bok.or.kr.

  1. Central Bank of the Russian Federation (CBR) – Russia

The Central Bank of the Russian Federation, established in 1860, is the central bank of Russia. Headquartered in Moscow, the CBR is responsible for monetary policy formulation and financial stability. For detailed information, visit www.cbr.ru.

  1. Banco Central de Chile – Chile

Banco Central de Chile, founded in 1925, is the central bank of Chile. Headquartered in Santiago, the Banco Central de Chile plays a crucial role in monetary policy formulation and financial stability. Learn more at www.bcentral.cl.

  1. Central Bank of the Republic of Turkey (CBRT) – Turkey

The Central Bank of the Republic of Turkey, established in 1930, is the central bank of Turkey. Headquartered in Ankara, the CBRT is responsible for monetary policy formulation and financial stability. Explore more at www.tcmb.gov.tr.

  1. Central Bank of Argentina – Argentina

Founded in 1935, the Central Bank of Argentina is the central bank of Argentina. Headquartered in Buenos Aires, the Central Bank of Argentina plays a key role in monetary policy formulation and financial stability. For detailed information, visit www.bcra.gov.ar.

  1. Reserve Bank of New Zealand (RBNZ) – New Zealand

Established in 1934, the Reserve Bank of New Zealand is the central bank of New Zealand. Headquartered in Wellington, the RBNZ is responsible for monetary policy formulation and financial stability. Learn more at www.rbnz.govt.nz.

  1. Central Bank of Egypt – Egypt

The Central Bank of Egypt, founded in 1961, is the central bank of Egypt. Headquartered in Cairo, the Central Bank of Egypt plays a crucial role in monetary policy formulation and financial stability. Explore more at www.cbe.org.eg.

  1. National Bank of Poland – Poland

National Bank of Poland, established in 1945, is the central bank of Poland. Headquartered in Warsaw, the National Bank of Poland is responsible for monetary policy formulation and financial stability. For detailed information, visit www.nbp.pl.

  1. National Bank of Ukraine – Ukraine

Founded in 1992, the National Bank of Ukraine is the central bank of Ukraine. Headquartered in Kyiv, the National Bank of Ukraine plays a key role in monetary policy formulation and financial stability. Learn more at www.bank.gov.ua.

  1. Central Bank of Nigeria (CBN) – Nigeria

The Central Bank of Nigeria, established in 1958, is the central bank of Nigeria. Headquartered in Abuja, the CBN is responsible for monetary policy formulation and financial stability. Explore more at www.cbn.gov.ng.

  1. Central Bank of Colombia – Colombia

Established in 1923, the Central Bank of Colombia is the central bank of Colombia. Headquartered in Bogotá, the Central Bank of Colombia plays a crucial role in monetary policy formulation and financial stability. For detailed information, visit www.banrep.gov.co.

  1. State Bank of Pakistan (SBP) – Pakistan

The State Bank of Pakistan, founded in 1948, is the central bank of Pakistan. Headquartered in Karachi, the SBP is responsible for monetary policy formulation and financial stability. Learn more at www.sbp.org.pk.

  1. Bank of Thailand – Thailand

Bank of Thailand, established in 1942, is the central bank of Thailand. Headquartered in Bangkok, the Bank of Thailand is responsible for monetary policy formulation and financial stability. Explore more at www.bot.or.th.

  1. Central Bank of the Republic of China (Taiwan) – Taiwan

The Central Bank of the Republic of China (Taiwan), founded in 1924, is the central bank of Taiwan. Headquartered in Taipei, the Central Bank of Taiwan plays a key role in monetary policy formulation and financial stability. For detailed information, visit www.cbc.gov.tw.

  1. Central Bank of the United Arab Emirates (CBUAE) – UAE

Established in 1980, the Central Bank of the United Arab Emirates is the central bank for the United Arab Emirates. Headquartered in Abu Dhabi, the CBUAE is responsible for monetary policy formulation and financial stability. Learn more at www.centralbank.ae.

  1. Central Bank of Malaysia – Malaysia

The Central Bank of Malaysia, founded in 1959, is the central bank of Malaysia. Headquartered in Kuala Lumpur, the Central Bank of Malaysia plays a crucial role in monetary policy formulation and financial stability. Explore more at www.bnm.gov.my.

  1. Bank of Israel – Israel

Bank of Israel, established in 1954, is the central bank of Israel. Headquartered in Jerusalem, the Bank of Israel is responsible for monetary policy formulation and financial stability. For detailed information, visit www.boi.org.il.

  1. Central Bank of Iraq – Iraq

Founded in 1947, the Central Bank of Iraq is the central bank of Iraq. Headquartered in Baghdad, the Central Bank of Iraq plays a key role in monetary policy formulation and financial stability. Learn more at www.cbi.iq.

  1. Central Bank of Kenya – Kenya

The Central Bank of Kenya, established in 1966, is the central bank of Kenya. Headquartered in Nairobi, the Central Bank of Kenya is responsible for monetary policy formulation and financial stability. Explore more at www.centralbank.go.ke.

  1. National Bank of Romania – Romania

National Bank of Romania, founded in 1880, is the central bank of Romania. Headquartered in Bucharest, the National Bank of Romania is responsible for monetary policy formulation and financial stability. For detailed information, visit www.bnro.ro.

  1. Central Bank of Morocco – Morocco

Established in 1959, the Central Bank of Morocco is the central bank of Morocco. Headquartered in Rabat, the Central Bank of Morocco plays a crucial role in monetary policy formulation and financial stability. Learn more at www.bkam.ma.

  1. Central Bank of the Republic of Kosovo – Kosovo

The Central Bank of the Republic of Kosovo, founded in 2008, is the central bank of Kosovo. Headquartered in Pristina, the Central Bank of the Republic of Kosovo is responsible for monetary policy formulation and financial stability. Explore more at www.bqk-kos.org.

  1. National Bank of the Republic of North Macedonia – North Macedonia

National Bank of the Republic of North Macedonia, established in 1991, is the central bank of North Macedonia. Headquartered in Skopje, the National Bank of the Republic of North Macedonia is responsible for monetary policy formulation and financial stability. For detailed information, visit www.nbrm.mk.

  1. National Bank of the Republic of Belarus – Belarus

Founded in 1922, the National Bank of the Republic of Belarus is the central bank of Belarus. Headquartered in Minsk, the National Bank of the Republic of Belarus plays a key role in monetary policy formulation and financial stability. Learn more at www.nbrb.by.

Conclusion

The global network of Reserve Banks serves as a cornerstone in maintaining economic stability and financial resilience across nations. This comprehensive list, encapsulating their establishment dates, underscores the intricate web of institutions dedicated to monetary policy, currency issuance, and overall financial supervision. From the venerable Federal Reserve System in the United States, founded in 1913, to the more recent entrants into the realm of central banking, such as the Reserve Bank of New Zealand established in 1934, these institutions collectively play a pivotal role in shaping the trajectory of global economies. The chronological overview offers insights into the evolution of financial infrastructures, reflecting the dynamic responses to economic challenges and geopolitical shifts over time. As we navigate the complexities of the modern financial landscape, the historical context provided by the establishment dates of these Reserve Banks becomes paramount. Ultimately, this list serves as a testament to the collaborative efforts of nations worldwide to foster economic prosperity and resilience through prudent monetary policies and effective financial governance.

33200cookie-checkList of Reserve Banks in The World
Anil Saini

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