World Library  
Flag as Inappropriate
Email this Article

National Bank of the Republic of Macedonia


National Bank of the Republic of Macedonia

National Bank of the Republic of Macedonia
Народна Банка на Република Македонија
Headquarters Skopje
Established 1991
Chairman Dimitar Bogov
Central bank of Republic of Macedonia
Currency Macedonian denar
MKD (ISO 4217)
Bank rate 3.50%

The National Bank of the Republic of Macedonia (Macedonian: Народна банка на Република Македонија, Narodna Banka na Republika Makedonija, NBRM) is the central bank of the Republic of Macedonia, located in the capital city, Skopje.

The current Governor of the NBRM is Dimitar Bogov, since May 21, 2011.


The NBRM 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.

See also

External links

  • (Macedonian) (English) National Bank of the Republic of Macedonia official site,

This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.

Copyright © World Library Foundation. All rights reserved. eBooks from Project Gutenberg are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.