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National Bank of North Macedonia

Central bank of North Macedonia

Central bank of North Macedonia

FieldValue
bank_name_in_localНародна банка на Република Северна Македонија
Banka Popullore e Republikës së Maqedonisë së Veriut
image_1MK NBRM.png
image_title_1Logo
image_2National bank of Macedonia.jpg
image_title_2Headquarters
ownership100% state ownership
reserves2 230 billion USD
headquartersSkopje
established1972
presidentTrajko Slaveski
leader_titleGovernor
bank_ofNorth Macedonia
currencyMacedonian denar
currency_isoMKD
website
governanceNational Bank Council

Banka Popullore e Republikës së Maqedonisë së Veriut

The National Bank of the Republic of North Macedonia (; ) is the central bank of North Macedonia, issuing the Macedonian denar. It is headquartered in the capital city of Skopje.

Until 2019 it was officially named National Bank of the Republic of Macedonia. Since then, it has kept using the acronym NBRM.

History

The bank originated in the reform of the National Bank of Yugoslavia in the early 1970s, which created separate "National Banks" in each of the country's six Republics and two Autonomous Provinces. The National Bank's brutalist head office building was erected in 1971-1975, on a design by architects Olga Papesh and Radomir Lalovikj.

It became an independent national institution in 1992 following the breakup of Yugoslavia. The Macedonian denar was first adopted as temporary currency on .

In 2013 as part of the Skopje 2014 urban renewal project, the Macedonia government under Nikola Gruevski decided to erect a new neoclassical building for the National Bank. A construction contract was made in 2016, and the structure of the building was largely completed by 2019 but has remained unfinished since then. By 2024, there was still no tender for completion.

The National Bank changed its name to "Republic of North Macedonia" in 2019, following the Prespa Agreement.

Governors

  • Borko Stanoevski, 19861997
  • , 19972004
  • , 20042011
  • Dimitar Bogov, May 2011May 2018
  • Anita Angelovska-Bežoska, May 2018May 2025
  • , from May 2025

References

References

  1. (2017). "The Organisation and Structure of Central Banks".
  2. Branko Mijović. (Spring–Summer 1982). "The Banking System". Taylor & Francis.
  3. "National Bank of the Republic of North Macedonia".
  4. "North Macedonia: National Bank of the Republic of North Macedonia (NBRM)".
  5. link. (2014-10-06 NovaMakedonija)
  6. (2013). "Macedonian National Bank".
  7. ({{date). ""Skopje 2014" will continue to be built with the money from the 2025 budget".
  8. "National Bank of the Republic of North Macedonia Currency & Banknote Values".
  9. "Speeches Previous Governors - content".
  10. (2018). "Anita Angelovska Bezhoska assumes office of Governor of the NBRM". National Bank of the Republic of North Macedonia.
  11. Johannes Heidecker. ({{date). "Trajko Slaveski elected new governor of the National Bank of North Macedonia".
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