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National Bank Of Slovakia
National Bank of Slovakia ( sk, Národná banka Slovenska, NBS), is the central bank of Slovakia, a member state of the European Union since 2004 and of the euro area since 2009. It was formed on from the division of the State Bank of Czechoslovakia as part of the process of dissolution of Czechoslovakia, together with the Czech National Bank. In addition to its headquarters in Bratislava, the National Bank has 5 regional offices. The National Bank is an independent institution, whose main goal is to hold price stability. On the basis of authority bestowed upon the bank by the Slovak Government, the Bank represents Slovakia in international financial institutions and in international money market transactions related to monetary policy performance. As of late 2022, the governor of the National Bank was Peter Kažimír, who took up the post on 1 June 2019.Slovak Spectator (13 March 2019)Kažimír appointed as new governor of Slovakia's central bank''Slovak Spectator''. Organi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bratislava
Bratislava (, also ; ; german: Preßburg/Pressburg ; hu, Pozsony) is the capital and largest city of Slovakia. Officially, the population of the city is about 475,000; however, it is estimated to be more than 660,000 — approximately 140% of the official figures. Bratislava is in southwestern Slovakia at the foot of the Little Carpathians, occupying both banks of the River Danube and the left bank of the River Morava. Bordering Austria and Hungary, it is the only national capital that borders two sovereign states. The city's history has been influenced by people of many nations and religions, including Austrians, Bulgarians, Croats, Czechs, Germans, Hungarians, Jews, Romani, Serbs and Slovaks. It was the coronation site and legislative center and capital of the Kingdom of Hungary from 1536 to 1783; eleven Hungarian kings and eight queens were crowned in St Martin's Cathedral. Most Hungarian parliament assemblies were held here from the 17th century until the Hungarian Re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vladimír Masár
Vladimír Masár (born 2 May 1958 in Partizánske, Czechoslovakia) served as the first Governor of National Bank of Slovakia between 1993 and 1999. As the first Central Bank governor of a newly independent Slovakia, he was in charge of introducing a stabilizing a new currency - the Slovak crown and building up a professional apparatus and international contacts at the National Bank of Slovakia from the scratch. As a governor, he continued the conservative tradition of Czechoslovak monetary policy and prevented monetary turmoil despite irresponsible fiscal policies of Mečiar's government. Career After graduating from the University of Economics in Bratislava in 1988 he worked in several commercial banks before becoming deputy Finance minister of the newly founded Slovak Republic. He was chairman of the preparatory commission for the establishment of the National Bank of Slovakia and became its first governor. After the end of his term as a Governor, he became a chairman of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1993 Establishments In Slovakia
File:1993 Events Collage.png, From left, clockwise: The Oslo I Accord is signed in an attempt to resolve the Israeli–Palestinian conflict; The White House (Moscow), Russian White House is shelled during the 1993 Russian constitutional crisis; Czechoslovakia is peacefully Dissolution of Czechoslovakia, dissolved into the Czech Republic and Slovakia; In the United States, the ATF Waco siege, besieges a compound belonging to David Koresh and the Branch Davidians in a search for illegal weapons, which ends in the building being set alight and killing most inside; Eritrea gains independence; A major 1993 Storm of the Century, snow storm passes over the United States and Canada, leading to over 300 fatalities; Drug lord and narcoterrorism, narcoterrorist Pablo Escobar is killed by Military Forces of Colombia, Colombian special forces; Ramzi Yousef and other Islamic terrorism, Islamic terrorists 1993 World Trade Center bombing, detonate a truck bomb in the subterranean garage of List of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Banks
A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Most central banks also have supervisory and regulatory powers to ensure the stability of member institutions, to prevent bank runs, and to discourage reckless or fraudulent behavior by member banks. Central banks in most developed nations are institutionally independent from political interference. Still, limited control by the executive and legislative bodies exists. Activities of central banks Functions of a central bank usually include: * Monetary policy: by setting the official interest rate and controlling the money supply; *Financial stability: acting as a government's banker and as the bankers' bank (" lender of last resort"); * Reserve management: managing a country's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European System Of Central Banks
The European System of Central Banks (ESCB) is an institution that comprises the European Central Bank (ECB) and the national central banks (NCBs) of all 27 member states of the European Union (EU). Its objective is to ensure price stability throughout the EU, and improve monetary and financial cooperation between eurozone and non-eurozone member states of the EU. Organization The process of decision-making in the Eurosystem is centralized through the decision-making bodies of the ECB, namely the Governing Council and the Executive Board. As long as there are EU member states which have not adopted the euro, a third decision-making body, the General Council, shall also exist. The NCBs of the Member States that do not participate in the euro area are members of the ESCB with a special statuswhile they are allowed to conduct their respective national monetary policies, they do not take part in the decision-making with regard to the single monetary policy for the euro area and t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Slovakia
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Slovakia
The economy of Slovakia is based upon Slovakia becoming an EU member state in 2004, and adopting the euro at the beginning of 2009. Its capital, Bratislava, is the largest financial centre in Slovakia. As of Q1 2018, the unemployment rate was 5.72%. Due to the Slovak GDP growing very strongly from 2000 until 2008 – e.g. 10.4% GDP growth in 2007 – the Slovak economy was referred to as the Tatra Tiger. History Since the establishment of the Slovak Republic in January 1993, Slovakia has undergone a transition from a centrally planned economy to a free market economy, a process which some observers were to believe was slowed in the 1994–98 period due to the crony capitalism and other fiscal policies of Prime Minister Vladimír Mečiar's government. While economic growth and other fundamentals improved steadily during Mečiar's term, public and private debt and trade deficits also rose, and privatization was uneven. Real annual GDP growth peaked at 6.5% in 1995 but declined ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Banks In Slovakia
This is a list of banks in Slovakia as of 2022. Central banks * Eximbanka S* National Bank of Slovakiabr> Commercial and savings banks * Československá obchodní banka, Československá obchodná banka, owned by KBC Bankbr>* Poštová banka, majority-owned by J&T Groupbr>* Prima banka, member of Penta Investmentsbr>* Privatbanka, member of Penta Investmentsbr>* Prvá stavebná sporiteľň* Raiffeisen Bank International, Raiffeisen Bank, owned by Tatra bankabr>* Slovenská sporiteľňa, member of Erste Bankbr>* Slovenská záručná a rozvojová bankabr>* Tatra banka, member of Raiffeisen Bank Internationalbr>* Všeobecná úverová banka, member of Intesa Sanpaolobr>* Wüstenrot-Gruppe, Wüstenrot stavebná sporiteľňabr> Direct banks * 365.bank, owned by Poštová bankabr>* mBank, owned by BRE Bank SA, member of Commerzbankbr> Branch offices of foreign banks * Banco Cofidis, S.A* BKS Bank A* BNP Paribas Personal Finance SA, member of BNP Paribasbr>* Citibank Europe plc, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Slovak Koruna
The Slovak koruna or Slovak crown ( sk, slovenská koruna, literally meaning ''Slovak crown'') was the currency of Slovakia between 8 February 1993 and 31 December 2008, and could be used for cash payment until 16 January 2009. The ISO 4217 code was ''SKK'' and the local abbreviation was ''Sk''. The koruna was subdivided into 100 '' haliers'' (abbreviated as "hal." or simply "h", singular: ''halier''). The abbreviation is placed after the numeric value. Slovakia switched its currency from the koruna to the euro on 1 January 2009, at a rate of 30.1260 korunas per euro. In Slovak, the nouns ''koruna'' and ''halier'' both have two plural forms. "Koruny" and ''haliere'' appear after the numbers 2, 3 and 4 and in generic (uncountable) context, with ''korún'' and ''halierov'' being used after other numbers. The latter forms are genitive. Modern koruna In 1993, the newly independent Slovakia introduced its own koruna, replacing the Czechoslovak koruna at par. Coins In 1993, coins wer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Tallest Buildings In Bratislava
There are over 30 high-rise buildings in Bratislava over 80 meters high with dozens in the planning process or in construction. These are sometimes incorrectly called skyscrapers, predominantly in print; however, currently (2021) there are no true skyscrapers in Bratislava (over 150 meters high). The 168 meters high Eurovea 2 tower got the land-use permit in the Summer of 2019 and as of Winter 2021, it is halfway through construction. After completion, it will become the first true skyscraper in both Bratislava and Slovakia. Since the 2010s there is a forming of a new Bratislava downtown area next to the Danube river called "Nivy" where the majority of current high-rise buildings and future skyscrapers are located. Because of the lack of high-rise city planning, a lot of 100m buildings are scattered all around the city. The tallest building is currently the Nivy Tower with 125 meters in height and 29 floors. It's part of the large Bratislava project of the new Central Bus Station. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Bank Of Slovakia (building)
The National Bank of Slovakia (NBS) building is a skyscraper in Bratislava, Slovakia. Opened on 23 May 2002, it is the headquarters of the National Bank of Slovakia (NBS) . The NBS building is located in Bratislava I District – the Old Town, At 111 m tall, it is one of the tallest buildings in Bratislava. Background Building project proposals The public tender for the NBS building received 24 competitive proposals. A jury of 21 specialists in architecture, construction, and banking assisted NBS in choosing the winner. The project went to Martin Kusý and Pavol Paňák. Construction started in November 1996. Architecture The lower horizontal part of the building houses the operational facilities of the Bank. The building also includes a congress hall and exhibition premises. This part of the building is built around a central yard with a raised green area. The building tower contains administrative offices. The design was realised exclusively by Slovak compani ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jozef Makúch
Jozef Makúch (born 26 August 1953 in Podhájska, Czechoslovakia) was the Governor of National Bank of Slovakia since January 2010 to June 2019. Makúch quit ahead of the end of his second mandate in January 2021, citing concerns about central bank independence he deemed threatened by the "political wrangling" he expected to follow the 2020 Slovak parliamentary election. Career Makúch studied at the University of Economics in Bratislava, graduating in 1976 in Economics. In 1985 he completed his postgraduate studies. Makúch worked at the National Bank of Slovakia's predecessor Czechoslovak State Bank since 1989. Upon independence of Slovakia he became a member of the newly founded Central Bank's Governing Board. In 2000 he left the National Bank of Slovakia to lead the Financial Markets Authority. He rejoined the bank again in 2006 when the institution was merged with the Central Bank and again became a Board Member. He was named Bank's governor in 2010 by the President of Sl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
