De Nederlandse Bank
 |
|
| Headquarters | Amsterdam |
|---|---|
| Established | 25 March 1814 |
| President | Klaas Knot |
| Central bank of | The Netherlands |
| Currency | euro |
| Succeeded by | European Central Bank (1999)1 |
| Website | www.dnb.nl |
| 1 De Nederlandsche Bank still exists but many functions have been taken over by the ECB. | |
Coordinates: 52°21′31.40″N 4°54′0.0″E / 52.3587222°N 4.900000°E
De Nederlandsche Bank (DNB, The Dutch Bank) is the central bank of the Netherlands. It is part of the European System of Central Banks (ESCB). De Nederlandsche Bank (DNB) is a public limited company (Dutch: naamloze vennootschap) whose every day policy is overseen by the Governing Board. Being an NV, DNB has a Supervisory Board (Dutch Raad van Commissarissen). In addition, there is an advisory body called the Bank Council (Dutch Bankraad). As a public entity the DNB has a function as both part of the European System of Central Banks (ESCB) and an independent public body (zelfstandig bestuursorgaan).
As a part of the ESCB, DNB is co-responsible for the determination and implementation of the monetary policy for the Euro area, besides being a link in the international payment system. As an independent public body, DNB exercises prudential supervision of financial institutions.
On 2 May 1998, the European heads of state or government decided that Economic and Monetary Union (EMU) would begin on 1 January 1999 with eleven Member States of the European Union (EU), the Netherlands included. As from 1 June 1998, the Dutch central bank, De Nederlandsche Bank N.V., forms part of the European System of Central Banks (ESCB). On the same day, the new Bank Act (of 1998) came into force. Nearly 185 years into its existence, the Nederlandsche Bank has entered a new phase.
...
Wikipedia