X-Nico

unusual facts about central bank



Binary economics

According to theories first proposed by Louis Kelso, widespread use of central bank issued interest-free loans to fund employee-owned firms can finance economic growth whilst widening stock ownership in a way which binary economists believe will be non-inflationary.

Ethnography of Argentina

In particular, many emblematic buildings in cities like Buenos Aires, Rosario, and Córdoba were built following French Beaux Arts and neoclassical styles, such as the Argentine National Congress, the Metropolitan Cathedral, or the Central Bank building.

José Piñera

He has three younger brothers: Sebastián Piñera, a businessman-politician and the current President of Chile; Pablo Piñera, managing director of Banco del Estado and former member of the Board of the Central Bank; and Miguel Piñera, a musician.

Kiev Bank Union

The Kiev Bank Union works with Committees of the Verkhovna Rada (the Ukrainian parliament); the National Bank of Ukraine (Ukraine's central bank); the Ukrainian Ministry of Justice, and the tax administration of Ukraine to discuss improvement of banking legislation and other relevant matters.

Koti, Hyderabad

Important national and private banks are located here like the Central Bank, State Bank of India, Andhra Bank etc.

Martin Blackman

Blackman spent much of his childhood in Barbados, where his father Courtney Blackman served as Governor of the Central Bank and he attended the Harrison College School.

May 2008 in Pakistan

May 23: Pakistan stocks slumped the most in almost two years, with all equities on the benchmark index falling, after the central bank unexpectedly raised interest rates to tame inflation at a 25-year high.

National bank of Liechtenstein

The National bank of Liechtenstein is the central bank of Liechtenstein, being located with its head office in the capital city Vaduz.

Noor-ul-Ain

The tiara forms part of the Iranian crown jewels, held at the National Treasury of Iran in the Central Bank in Tehran.

Tomita Tetsunosuke

During his tenure, he attempted to establish a central discount rate and stabilize foreign exchange, which he saw as core roles of a central bank.


see also

Adam Posen

His most cited and influential publications include the books Restoring Japan's Economic Growth (1998) and Inflation Targeting: Lessons from the International Experience (1999, co-authored with Ben Bernanke, Chairman of the Board of Governors of the Federal Reserve System in the US, et al.), and a series of articles on the political economy of central bank independence, as well as more recent works on the global roles of the dollar and the euro.

African Investment Bank

Twenty-seven African countries signed the act, which provided for establishing a wide variety of institutions, including the Pan-African Parliament; Court of Justice; African Central Bank; African Monetary Fund; and African Investment Bank.

Allegorical representations of Argentina

The Effigy of Progress would be present in all series of banknotes by the Caja de Conversión from 1899 until 1935, when it was replaced by the Central Bank of Argentina, and will not be replaced until 1942, when the Central Bank made its first series of banknotes.

Ballad of the Masterthief Ole Hoiland

The story culminates in the ambitious burglary of Norges Bank, Norway's central bank.

Bank Indonesia

By March 26, 2013, panel of Indonesian parliament member approved Finance Minister Agus Martowardojo to become the central bank governor.

Bank of Canada

Prime Minister John Diefenbaker central bank monetary policy was directed towards increasing the money supply to cause low interest rates, and have full employment.

Banking in South Sudan

The Sudanese central bank operated branches in South Sudan in the cities of Juba, Wau, and Malakal.

Cécil von Renthe-Fink

In 1943, the German ministers Joachim von Ribbentrop and Renthe-Fink proposed the creation of a European confederacy, which would have had a single currency, a central bank in Berlin, a regional principle, a labour policy and economic and trading agreements.

Central Bank of Iraq

Currently the acting Governor of the Central Bank of Iraq is Abdel Basset Turki, which also happens to be the head of the state-spending watchdog the Board of Supreme Audit.

The Constitution of Iraq states that the central bank is a financially and administratively independent institution, responsible before the Council of Representatives of Iraq.

Central Bank of Islamic Republic of Iran's Tower

The Central Bank of Islamic Republic of Iran building was built in July 2005 in Tehran, Iran.

Central Bank of Montenegro

The Central Bank of Montenegro was established on the basis of the Law on Central Bank of Montenegro, passed by the Parliament of the Republic of Montenegro in November 2000.

China Policy Review

Numerous former national leaders, ministers, professors and other experts have been featured in previous issues of CPR, including: Nobel Prize Laureate Edmund S. Phelps; Futurist John Nesbitt; Guinean President Alpha Condé; and Deputy Central Bank Governor of Japan Kiyohiko Nishimura.

Controversies surrounding the Eurozone crisis

French central bank chief Christian Noyer criticized the decision of Standard & Poor's to lower the rating of France but not that of the United Kingdom, which "has more deficits, as much debt, more inflation, less growth than us".

David Daokui Li

Li Daokui is a part of a trio to replace Fan Gang, as academic members to the central bank’s monetary policy committee (PBOC Monetary Policy Committee).

Deep Gold

Her boyfriend, Tony dela Cruz (Jack Prinya), an Air Force Pilot, mysteriously disappears along with his plane that carries gold worth millions of dollars that was to be taken to the Central Bank.

Federal Reserve Act

President Jackson would come into office, and wished to end the current central bank during his presidency.

Fifi Ejindu

Her most prized achievement however was when Professor Charles Soludo, the former Central Bank Governor, whom she had never met before, saw one of her works and thus invited her to design the official residence of the Central Bank Governor of Nigeria.

Fixed exchange-rate system

Crawling pegs are adjusted gradually, thus avoiding the need for interventions by the central bank (though it may still choose to do so in order to maintain the fixed rate in the event of excessive fluctuations).

Franklin Allen

He is a past president of the American Finance Association, Western Finance Association and the Society for Financial Studies, as well as a scientific adviser at the Sveriges Riksbank, the central bank of Sweden.

Glenn Dubin

Gávea was co-founded in 2003 by Chairman and Chief Investment Officer Arminio Fraga, former President of the Central Bank of Brazil.

Hanzawa Naoki

Kin'ya Kitaōji as Ken Nakanowatari, the chairman of Tokyo Central Bank.

Teruyuki Kagawa as Akira Ohwada, the director of Tokyo Central Bank.

Masato Sakai as Naoki Hanzawa, a charismatic banker who works for the Tokyo Central Bank.

History of the Indonesian rupiah

The Republican government declared that the new central bank of Indonesia would be Bank Negara Indonesia, established on 5 July 1946, occupying the offices of De Javasche Bank in Yogyakarta, the stronghold of the republic.

Hungarian National Bank

It is also responsible for issuing the national currency, the forint, controlling the cash circulation, setting the Central Bank base rate, publishing official exchange rates and managing the national reserves of foreign currency and gold to influence exchange rates.

Ibrahim Ismail Chundrigar Road

Most of the headquarters of Pakistan's financial institutions are located on the I. I. Chundrigar Road, including the State Bank of Pakistan which is Pakistan's central bank, major Banks like Habib Bank Plaza, MCB Tower, National Bank of Pakistan, Bank Al-Falah, Standard Chartered Bank, CitiBank, etc.

Jesse Colombo

In October 2013, Jesse issued a warning about Malaysia's economic bubble on his Forbes column, which made news headlines and prompted a response from the country's leaders, including Zeti Akhtar Aziz (the governor of Malaysia’s central bank), Mustapa Mohamed (International Trade and Industry Minister), and Lim Guan Eng (Chief Minister of the State of Penang).

Kenyan shilling

In 2010, Section 231(4) of the 2010 Constitution of Kenya stated "Notes and coins issued by the Central Bank of Kenya may bear images that depict or symbolise Kenya or an aspect of Kenya but may not bear the portrait of any individual."

Lettice Sandford

She was a daughter of Lachlan Mackintosh Rate of Milton Court, Surrey, a director of the Imperial Ottoman Bank, the central bank of the Ottoman empire, and wife of Christopher Sandford of Eye Manor, Herefordshire, proprietor of the Golden Cockerel Press, for which she provided wood-engravings.

Libyan dinar

After the 2011 revolution overthrew Gaddafi's government, Central Bank Governor Gasem Azzoz said that notes with the ousted strongman's face on them were still in circulation and would be used by the National Transitional Council to pay the salaries of public servants and government employees.

Montagu Norman, 1st Baron Norman

Norman was a close friend of the German Central Bank President Hjalmar Schacht, who was a supporter of Adolf Hitler and the Nazi Party, and served in Hitler's government as President of the Reichsbank and Minister of Economics.

Ndungu

Njuguna Ndung'u (born 1960), Kenyan economist and Governor of the Central Bank of Kenya

Nigerian naira

Also, the then-Bank Governor, Professor Chukwuma Soludo noted the weekly central bank auctions of foreign currency will gradually be phased out, and that the bank would "only intervene in the market as may be required to achieve defined policy objectives".

Sinan Al Shabibi

In the effort to further modernize the Central Bank of Iraq, Al-Shabibi appointed Baghdad-born architect Zaha Hadid in August 2010 to design the new headquarters for the Central Bank in Baghdad.

SIX Swiss Exchange

SIX Interbank Clearing AG, running the Swiss Interbank Clearing (SIC) system providing interbank clearing or Real Time Gross Settlement on behalf of the central bank of Switzerland the Swiss National Bank.

Svein Gjedrem

He graduated in political economy from the University of Oslo in 1975, worked as a consultant in the Central Bank of Norway from 1975–1979 and in the Ministry of Finance from 1979 to 1998.

The School of Economics and Management, Khazar University

Moreover, many graduates have gone on to work for leading local financial institutions like the Central Bank of the Azerbaijan Republic, the International Bank of Azerbaijan, Unibank, Bank of Baku, and others.

Timeline of the Icelandic financial crisis

Earlier in the day, Russia's ambassador in Reykjavík, Victor I. Tatarintsev, informes the chairman of the executive board of the Central Bank of Iceland that the Russians were willing to loan Iceland €4 billion (680 billion ISK, US$5.4 billion).

Union Investment

The primary shareholders in Union Investment are DZ Bank with 54.44% and WGZ Bank (the central bank of the credit unions in the Rhineland and Westphalia) with 17.72%.

Zeti Akhtar Aziz

She was awarded alongside Philippines’ central bank governor Amando Tetangco, Jr. and Taiwan’s Central Bank Governor Perng Fai-nan, from a list of central bank governors of more than 50 key countries.