Danmarks Nationalbank

Danmarks Nationalbank
HeadquartersHavnegade 5, Copenhagen
Established1 August 1818 (1818-08-01)
Ownershipindependent, self-governing institution[1]
Royal DirectorChristian Kettel Thomsen[2]
Central bank ofThe Kingdom of Denmark
CurrencyDanish krone
DKK (ISO 4217)
Reserves479,065,000,000DKK[3]
Websitewww.nationalbanken.dk/en Edit this at Wikidata

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.[4]

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.

  1. ^ "Hvad siger loven?". Nationalbanken.dk (in Danish). Retrieved 7 August 2023.
  2. ^ Cite error: The named reference altinget was invoked but never defined (see the help page).
  3. ^ "SPECIFICATION FOR NATIONAL BANK BALANCE AFTER THE SPECIFICATION AND INSTRUMENT – INVENTORIES". nationalbanken.dk (in Danish). Retrieved 27 January 2016.
  4. ^ The National Bank of Denmark Act, 1936 – Fraser: Federal Reserve of St. Louis. Access date: 12 July 2012.

Developed by StudentB