The National Bank of Serbia (Народна банка Србије) is the central bank of Serbia.

History

The National Bank of Serbia succeeds several institutions, all based in Belgrade, mirroring the complex history of Serbia throughout the 20th centuries. The first of these was established in 1884 as the Privileged National Bank of the Kingdom of Serbia. In 2003 Bank succeeded its immediate predecessor, the National Bank of Yugoslavia.

Missions

The responsibilities of the bank include monetary policy, the monopoly on issuance of Serbian banknotes and coins, the protection of price stability, and the promotion of stability of the financial system within Serbia. The National Bank of Serbia is independent and autonomous in carrying out its tasks laid down by the law, and is accountable for its work to the National Assembly of Serbia. The primary objective of the National Bank of Serbia is to achieve and maintain price stability. Without prejudice to its primary objective, it also contributes to maintaining and strengthening of the stability of the financial system. The National Bank of Serbia:

Organization

The bodies of the NBS are the Executive Board, the Governor and the Council of the Governor. The incumbent governor of the bank is Jorgovanka Tabaković.

Governors

Since its re-establishment, the National Bank of Serbia has had five Governors:

Building

Headquarters building on Slavija Square was designed by architect Grujo Golijanin for the National Bank of Yugoslavia, for which construction started in the early 1990s. It stopped, however, because of Serbia's financial and political challenges of the time. Works restarted in the 2000s and the building was inaugurated in 2006.