National Bank of the Republic of Macedonia

National Bank of the Republic of Macedonia – Central, Emission Bank of the Republic of Macedonia. It was formed on 19. 1946, by merging the Macedonian Stopanska Bank with the National Bank – Branch Skopje, and the first Chief Officer is Dr. Todor Mirovski (1904-1959). Since the beginning of 1947 It brings the name NB of the FNRJ – a People’s Republic of Macedonia, with Aleksandar Bogoev (1914) as Chief Director. Through its development, the NB of RM goes through several stages. Between 1947 and 1953 The NB of FNRJ – the PRC for NRM is the only universal banking institution in Macedonia, with the functions of emission and business bank. During this period, it realizes Central Bank activities, works for the republic budget, and also performs universal banking. In the period 1954-1965 It gradually leaves universal banking and focuses towards the center-bank activities and the regulation and control of the banking system. Also, during this period, it loses the branches and changes the name in the National Bank of Yugoslavia – a power plant in Skopje. During 1965-1971 The headquarters of the NBJ in Skopje has no special role in monetary and credit policy, but only performs things that have an executive and operational character. In December 1971 The first Law on the National Bank of Macedonia was adopted, with which it is defined as a constitutional category, and for the first governor is named Stojan Kosev (1919- 1997). However, the NBM continues to have a very limited role in determining the objectives of the monetary and credit role and the use of the instruments for its implementation and this subordinate position is retained until the independence of Macedonia. With the adoption of the Constitution of the Republic of Macedonia from November 1991. The NBM is institutionalized as an Emission Bank, responsible for the stability of the currency, for monetary policy and general liquidity of payments. On 26. ⅳ 1992 The Assembly carries a law on the National Bank of the Republic of Macedonia, as the first legal act regulating the operation of the Central Bank after the independence of the country. During this period, the governor’s office performs Mr. Borko Stanoevski (1937). The biggest turnover in the development of the Central Bank after the monetary independence was made with the adoption of the new Law on NB of the Republic of Macedonia since January 2002, which greatly increased all aspects of independence in the work of the Republic of Macedonia (institutional, personal, functional, functional, functional , Financial). Today, the NB of the Republic of Macedonia is a modern central bank, which does not work with non-financial legal entities, does not finance the public sector and independently formulates and realizes the monetary policy, with the main goal, the maintenance of price stability is. Also, the NB of the Republic of Macedonia is a member of the Bank for International Settlements (BIS) in Basel. The NB of the Republic of Macedonia performs several basic functions: it determines and implements the monetary policy and the exchange rate policy of the denar; Issues and distributes wrought and paper money; manages and handled foreign exchange reserves; issue licenses for establishment and operation of banks, savings houses, exchange offices and service providers for fast money transfer and control their operations; regulates the payment system; Collect, process, analyze and publish information and publications in the field of monetary, financial and balance of balance statistics; performs payment operations for the needs of the state; represents Macedonia in international financial institutions; Works as a guardian of the property of private pension funds, etc. Also, the NB of the Republic of Macedonia held the Proceedings of Labor Products “The Coins and Moneti and the monetiboving of Numizimo Macedonia” (2001) a Collection of about 17,000 coins from the territory of Macedonia, which cover the time period from the ⅵ century PR. AD To the ⅹⅴ century. Bodies of the NB of the Republic of Macedonia are the Council and the Governor. Members of the Council of the NB of the Republic of Macedonia are the Governor, two Vice-Governors and six external members. The Governor and external members of the Council are appointed by the Assembly, upon a proposal by the President of the State, and the Vice-Governors appointed the Assembly on a proposal from the Governor, whereby everyone has a term of seven years. Lit.: Kiki Mangova Ponjvic, Vanco Kargov, 60 years Central Banking in the Republic of Macedonia, National Bank of the Republic of Macedonia, Skopje, 2006. Mr. P.


Original article in Macedonian language Cyrillic alphabet
Кириличен напис НАРОДНА БАНКА НА РМ

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