National Bank of North Macedonia explained

Bank Name In Local:	Народна банка на Република Северна Македонија Banka Popullore e Republikës së Maqedonisë së Veriut
Image 1:	MK NBRM.png
Image Title 1:	Logo
Image 2:	National bank of Macedonia.jpg
Image Title 2:	Headquarters
Ownership:	100% state ownership^[1]
Reserves:	2 230 billion USD
Headquarters:	Skopje
Established:	1946
President:	Anita Angelovska Bezhoska (since 2018)
Leader Title:	Governor
Bank Of:	North Macedonia
Currency:	Macedonian denar
Currency Iso:	MKD
Governance:	National Bank Council

The National Bank of the Republic of North Macedonia (NBRM; Macedonian: Народна банка на Република Северна Македонија; Albanian: Banka Popullore e Republikës së Maqedonisë së Veriut) is the central bank of North Macedonia. It is headquartered in the capital city of Skopje.

has served as the Governor of the National Bank since 22 May 2018.^[2] Prior to the Prespa Agreement, the National Bank was officially known as the National Bank of the Republic of Macedonia.

Functions

The National Bank 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.

Governors

• Borko Stanoevski, 19861997^[3]
• , 19972004
• , 20042011
• Dimitar Bogov, May 2011May 2018
• , 22 May 2018present

See also

• Economy of North Macedonia
• List of banks in North Macedonia
• List of central banks
• Macedonian denar

Notes and References

1. Web site: Weidner . Jan . The Organisation and Structure of Central Banks . Katalog der Deutschen Nationalbibliothek. 2017. PDF.
2. Web site: 2018 . Anita Angelovska Bezhoska assumes office of Governor of the NBRM . 4 April 2024 . nbrm.mk . National Bank of the Republic of North Macedonia.
3. Web site: Speeches Previous Governors - content. www.nbrm.mk.