central bank


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central bank

a national bank that does business mainly with a government and with other banks; it regulates the volume and cost of credit. See also EUROPEAN CENTRAL BANK.
References in periodicals archive ?
The Central Bank has made this application as it has formed the view that CBLIE is in breach of a number of regulatory requirements and is in a distressed financial position.
The post Saudi Arabia's central bank signs blockchain deal with Ripple appeared first on Tahawul Tech.
The Governor SBP Tariq Bajwa while visiting the Central Bank of the Russian Federation (CBRF) Headquarters in Moscow, Russia on Monday.
The Central Bank must also improve the mechanisms for regulating and supervising the banking system, including a system for managing and assessing the risks of commercial banks, allowing revealing problems in the activity of commercial banks at early stages and taking effective measures.
The two central banks have in the past expressed scepticism about digital currencies such as bitcoin, with the UAE Central Bank saying it did not recognise bitcoin as an official currency.
The South Korean central bank has said that it is not positive about central banks around the world becoming hubs for digital currencies.
This consideration comes on the back of political attacks directed at the country's central bank by senior members of the governing African National Congress (ANC) aligned with Zuma.
The Central Bank of Cyprus's decision was taken on May 26, the supervisory authority said in a statement on its website on Tuesday.
If there is a charge for depositing money in the banking system or at the central bank, then it would make sense to switch to cash, which always has an interest rate of zero--one does not receive or pay any interest for holding a banknote.
Reuters reported that the UAE central bank raised interest rates on Thursday on its certificates for deposits by 25 basis points.
We cannot be sure that the central bank would have cut the policy rate without Mr.
Central Bank Governor Ashraf Wathra said the new rate would be in place for two months until the next central bank meeting to discuss further policy.

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