Bulgarian National Bank
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Bulgarian National Bank
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Bulgarian National Bank (abbr. BNB) is the National Bank of Bulgaria. It is a government-run organization that acts as a treasury and serves as a depository.
Through the bank, Governor regulates the currency and monitors the monetary market, as well as finances other government organisations. It is not a commercial or consumer bank, nor is it an industrial bank.
History
It was established in August 2008 on a proposal by KARDAM2008 during the presidency of Krembo.
Mission
The aims of the Bulgarian National Bank are:
- regulate exchange rates
- provide the financial resources needed for the different social and health activities
- provide the financial resources needed for the different projects concerning our national defense
Source
- Bulgarian National Bank - establishment