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Banks ,Central Bank

- Banks
- Central Bank
The Central Bank of banks 
Banks ,Central Bank


- The emergence of the Central Bank
The emergence of the central banks to the nineteenth century, founded the Banque de France in 1800 and then Bank of the Netherlands in 1814 and then Bank of Norway 1817, Bank of Denmark National 1818, National Bank of Belgium in 1850 and the Bank of Spain in 1856, banks Russian State in 1860. Then founded central banks in many countries of the world have established the Federal Reserve Banks in America in 1914
- Definition of the Central Bank
That is a central monetary institution serve as a financial agent of the state and is responsible for monetary policy and banks as Bank does such work carried out by other banks

- The characteristics of the Central Bank
1 - the central bank is an institution capable of creating and destroying money legal
2 - Central Bank is an institution authorized by the political authorities in the country to dominate the affairs of money and credit in the national economy
3 - Central Bank is located at the top of the banking system and represents the highest authority on banks and other
4 - Central Bank of a single institution
5 - Central Bank of a public institution
6 - the central bank does not aim to make a profit

- The functions and jurisdiction of the Central Bank
A total of identified tasks and functions of the central bank law, as expressed major objective of the central bank, and then the number of tasks and functions assigned to him as follows:
1 - The main objective of the Central Bank
A key objective of the Bank is to: achieving price stability and maintain it, and provide appropriate and adequate liquidity soundly to find a stable financial system based on market mechanism
2 - the tasks and functions of the Central Bank

Tasks and functions of the Bank, can be described as follows:
1) Draw and the adoption and implementation of monetary policy, which is consistent with the main goal to achieve price stability
2) determine the foreign exchange rate system in consultation with the government
3) license banks and financial institutions and its control
4) the acquisition and management of official foreign reserves
5) To encourage and simplify the procedures for payment systems
6) work as a banker and financial adviser and agent of the government

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