De Nederlandsche Bank (The Central Bank of Netherlands)
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The Bank of Netherlands was founded in the year 1814. The bank is an integral part of the European System of Central Bank (ESCB) and the euro system. Since then the bank has been operating with an objective of maintaining financial stability in the Netherlands.
Important responsibilities of the bank are as follows:
The Bank of Netherlands was founded in the year 1814. The bank is an integral part of the European System of Central Bank (ESCB) and the euro system. Since then the bank has been operating with an objective of maintaining financial stability in the Netherlands.
Important responsibilities of the bank are as follows:
- Implementing the single monetary policy of the member countries of the European Union
- Ensure smooth operation of the payment system in the country
- Supervising the activities of the financial institutions.
Apart from the above functions, the bank also collect and analyze economic Data on the country’s economy. It is also instrumental in ensuring the financial stability of foreign central banks, particularly the ones in the former Eastern Bloc.
The Address and Contact details of the bank is as follows:
De Nederlandsche Bank
Address: Postbus 98 Secretarie 1000 AB Amsterdam NETHERLANDS Phone No.: ++31-20-524 91 11 Fax: ++31-20-524 25 00
