Bulgarian National Bank

Bulgarian National Bank
Българска народна банка
Bulgarska narodna banka
Bulgarian National Bank (BNB) headquarters in Sofia
Bulgarian National Bank (BNB) headquarters in Sofia
HeadquartersSofia
Established25 January 1879
Ownership100% state ownership[1]
GovernorDimitar Radev
Central bank ofBulgaria
CurrencyBulgarian lev
BGN (ISO 4217)
Reserves19 890 million USD[1]
Websitebnb.bg

The Bulgarian National Bank (Bulgarian: Българска народна банка, romanizedBulgarska narodna banka, IPA: [ˈbɤɫɡɐrskɐ nɐˈrɔdnɐ ˈbaŋkɐ], BNB) is the central bank of the Republic of Bulgaria. It has also been Bulgaria's national competent authority within European Banking Supervision since 2020.[2]

Headquartered in Sofia, the bank was established in 1879. It is the 13th-oldest continuously existing central bank in the world.[citation needed] The bank has a key role in the Bulgarian economy. An independent institution responsible for issuing all banknotes and coins in the country, BNB is tasked with safekeeping the government's currency reserves. It is also the sole owner of the Bulgarian Mint. Since 1 October 2007, it has been a member of the European System of Central Banks. The governor of the BNB is a member of the General Assembly of the European Central Bank.

  1. ^ a b Weidner, Jan (2017). "The Organisation and Structure of Central Banks" (PDF). Katalog der Deutschen Nationalbibliothek.
  2. ^ "National supervisors". ECB Banking Supervision.