Danmarks Nationalbank


Danmarks Nationalbank

Coordinates: 55°40′37″N 12°35′10″E / 55.676944°N 12.586111°E / 55.676944; 12.586111

Danmarks Nationalbank
Logo Headquarters
Logo Headquarters
Headquarters Havnegade 5, Copenhagen
Established 1 August 1818
Governor Nils Bernstein
Central bank of Kingdom of Denmark
Currency Danish krone
ISO 4217 Code DKK
Website http://www.nationalbanken.dk

Danmarks Nationalbank (in Danish often simply Nationalbanken) is the central bank of the Kingdom of Denmark. It is a non-eurozone member of the European System of Central Banks (ESCB). The bank issues the Danish currency, the krone.

The bank was established on 1 August 1818 by King Frederick VI of Denmark. The private bank was given a 90-year monopoly on currency issue, which was extended in 1907 out to 1938. In 1914, the National Bank became the sole banker for the Danish government. The bank became fully independent of the government in 1936.

The building was designed by Arne Jacobsen in collaboration with Hans Dissing and Otto Weitling. After Jacobsen's death, his office, renamed Dissing+Weitling, has brought the construction to completion.

The objective of Danmarks Nationalbank as an independent and credible institution is to ensure a stable krone. The Board of Governors holds full responsibility for the monetary policy. The Board of Governors consists of three members. The Chairman of the Board of Governors is Governor by Royal Appointment. The two other Governors are appointed by the Board of Directors. Nils Bernstein became chairman in 2005.

Danmarks Nationalbank undertakes all functions related to the management of the Danish central-government debt. The division of responsibility is set out in an agreement between the Ministry of Finance of Denmark and Danmarks Nationalbank.

Contents

The official logo of the bank is a nineteenth century version of Denmark's coat of arms showing the insignia of Denmark, Schleswig, and Holstein. The two latter provinces were lost in the 1864 Second War of Schleswig, and the bank is the only official Danish institution still using this insignia. Since the late 19th century, coins minted by the bank carry a heart-shaped mint mark. Before this time, the Mint used a mark showing the royal crown.

Images

See also

External links


Names in italics indicate non-sovereign (dependent) territories, former countries, or states with limited recognition

Wikimedia Foundation. 2010.

Look at other dictionaries:

  • Danmarks Nationalbank — Banque nationale du Danemark Banque nationale du Danemark Danmarks Nationalbank Siège Copenhague (  …   Wikipédia en Français

  • Danmarks Nationalbank —   The central bank of Denmark …   International financial encyclopaedia

  • Dänische Nationalbank — Danmarks Nationalbank; Sitz in Kopenhagen, Zentralnotenbank Dänemarks. 1818 gegründet Ursprünglich private Aktienbank, seit 1936 autonomes Institut unter staatlicher Aufsicht. Die Vorschriften über Notendeckung und Noteneinlösung sind suspendiert …   Lexikon der Economics

  • Dänische Nationalbank — Danmarks Nationalbank …   Deutsch Wikipedia

  • Banknotes of Denmark, 1997 series — Danmarks Nationalbank is issuing banknotes of the Danish Krone (kr) and is in the transition of replacing the 1997 banknote series. As of September 2010 the 200kr, 500kr and 1000kr from the 1997 series are the currently circulating notes. The… …   Wikipedia

  • Arne Jacobsen — Danmarks Nationalbank (Bank Nationale Danoise), Copenhague. Arne Jacobsen (11 février 1902 24 mars 1971, Copenhague, Danemark) est un architecte et designer danois. Ses travaux comptent parmi les plus importants du courant fonctionnaliste danois …   Wikipédia en Français

  • Dänische Krone — Staat: Dänemark Unterteilung: 100 Øre ISO 4217 Code: DKK Abkürzung: dkr., kr. Wechselkurs: (21. November 2011) 1 EUR = 7,4426 DKK 1 DKK = 0,13436 EUR …   Deutsch Wikipedia

  • Denmark and the euro —   EU Eurozone (17) …   Wikipedia

  • Danish krone — dansk krone (Danish) donsk króna (Faroese) Danskinut koruuni (Kalaallisut) ISO 4217 code DKK …   Wikipedia

  • Banco Nacional de Dinamarca — Saltar a navegación, búsqueda Banco Nacional de Dinamarca Danmarks Nationalbanki (danés) Tipo Banco del Estado …   Wikipedia Español


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.