Central Bank of Swaziland


Central Bank of Swaziland

The Central Bank of Swaziland, or Umntsholi Wemaswati, is the central bank of Swaziland. It was established in 1974 and is based in Mbabane. According to the bank's website, the bank's mission is to promote monetary stability and foster a stable and sound financial system. [cite web |url=http://www.centralbank.org.sz/mission.php |title=Central Bank of Swaziland: Mission|accessdate=2007-05-03|format= |work=] Among the bank's responsibilities are managing Swaziland's foreign exchange position and safeguarding the country's foreign reserves of cash. The bank conducts weekly auctions of 91-day Swazi treasury bills, through "primary dealer" Swazi banks.

List of authorized banks of Swaziland

*Swazi Bank
*Standard Bank Swaziland
*First National Bank Swaziland
*Nedbank Swaziland
*Central Bank of Swaziland
*Swaziland Building Society

ee also

*Central banks and currencies of Africa
*Economy of Swaziland

References

External links

* [http://www.centralbank.org.sz/ Official site: Central Bank of Swaziland]


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