Difference between revisions of "Danmarks Nationalbank"

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|start=1 August 1818
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|headquarters=Havnegade 5, Copenhagen
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'''Danmarks Nationalbank''' (in Danish often simply ''Nationalbanken'') is the [[central bank]] of the [[Kingdom of Denmark]]. It is a non-[[eurozone]] member of the [[European System of Central Banks]] ([[ESCB]]). Since its establishment in 1818, the objective of the Nationalbank as an independent and credible institution is to issue the Danish currency, the [[Danish krone|krone]], and ensure its stability. The Board of Governors holds full responsibility for the [[monetary policy]].<ref>[https://fraser.stlouisfed.org/scribd/?item_id=20732&filepath=/docs/publications/FRB/1930s/frb_071936.pdf&start_page=33 ''The National Bank of Denmark Act, 1936''] - Fraser: Federal Reserve of St. Louis. Access date: 12 July 2012.</ref> The bank became fully independent of the government in 1936.
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Danmarks Nationalbank undertakes all functions related to the management of the Danish central-government debt. The division of responsibility is set out in an agreement between the [[Ministry of Finance of Denmark]] and Danmarks Nationalbank.
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==References==
 
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Latest revision as of 23:16, 17 September 2023

Group.png Danmarks Nationalbank  
(Central bankWebsiteRdf-entity.pngRdf-icon.png
DanmarksNationalbank logo.png
Formation1 August 1818
HeadquartersHavnegade 5, Copenhagen
LeaderGovernor of Danmarks Nationalbank
The national bank of Denmark

Danmarks Nationalbank (in Danish often simply Nationalbanken) is the central bank of the Kingdom of Denmark. It is a non-eurozone member of the European System of Central Banks (ESCB). Since its establishment in 1818, the objective of the Nationalbank as an independent and credible institution is to issue the Danish currency, the krone, and ensure its stability. The Board of Governors holds full responsibility for the monetary policy.[1] The bank became fully independent of the government in 1936.

Danmarks Nationalbank undertakes all functions related to the management of the Danish central-government debt. The division of responsibility is set out in an agreement between the Ministry of Finance of Denmark and Danmarks Nationalbank.





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References

  1. The National Bank of Denmark Act, 1936 - Fraser: Federal Reserve of St. Louis. Access date: 12 July 2012.