Who is forming the monetary policies in your country?
A central bank, reserve bank, or monetary authority is an institution that manages a state’s currency, money supply, and interest rates. Central banks also usually oversee the commercial banking system of their respective countries. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base in the state, and usually also prints the national currency, which usually serves as the state’s legal tender.
The main function of a central bank is to control the nation’s money supply (monetary policy), through active duties such as managing interest rates, setting the reserve requirement, and acting as a lender of last resort to the banking sector during times of bank insolvency or financial crisis. Therefore, it is important to know the name of the central bank and its headquarters of your country and the neighbouring countries. So, read this article carefully as exams like CAT, GMAT, GRE, SBI-PO, IBPS, RBI (Grade B), AFCAT, SSC, FCI, Qualified CASB, CLAT and many more ask questions based on central banks and their headquarters in their GK section.
List of central banks and their headquarters
A
| Afghanistan | Bank of Afghanistan |
| Albania | Bank of Albania |
| Algeria | Bank of Algeria |
| Angola | National Bank of Angola |
| Argentina | Central Bank of Argentina |
| Armenia | Central Bank of Armenia |
| Aruba | Central Bank of Aruba |
| Australia | Reserve Bank of Australia |
| Austria | Central Bank of the Republic of Austria |
| Azerbaijan | The Central Bank of the Republic of Azerbaijan |
| B | |
| Bahamas | Central Bank of The Bahamas |
| Bahrain | Central Bank of Bahrain |
| Bangladesh | Bangladesh Bank |
| Barbados | Central Bank of Barbados |
| Belarus | National Bank of the Republic of Belarus |
| Belgium | National Bank of Belgium |
| Belize | Central Bank of Belize |
| Benin | Central Bank of West African States (BCEAO) |
| Bermuda | Bermuda Monetary Authority |
| Bhutan | Royal Monetary Authority of Bhutan |
| Bolivia | Central Bank of Bolivia |
| Bosnia and Herzegovina | Central Bank of Bosnia and Herzegovina |
| Botswana | Bank of Botswana |
| Brazil | Central Bank of Brazil |
| Brunei Darussalam | Monetary Authority of Brunei Darussalam |
| Bulgaria | Bulgarian National Bank |
| Burkina Faso | Central Bank of West African States (BCEAO) |
| Burundi | Bank of the Republic of Burundi |
| C | |
| Cambodia | National Bank of Cambodia |
| Cameroon | Bank of Central African States |
| Canada | Bank of Canada |
| Cape Verde | Bank of Cape Verde |
| Cayman Islands | Cayman Islands Monetary Authority |
| Central African Republic | Bank of Central African States |
| Chad | Bank of Central African States |
| Chile | Central Bank of Chile |
| China | People’s Bank of China |
| Colombia | Bank of the Republic, Colombia |
| Congo | Bank of Central African States |
| Congo, the Democratic Republic of the | Central Bank of Congo |
| Costa Rica | Central Bank of Costa Rica |
| Croatia | Croatian National Bank |
| Cuba | Central Bank of Cuba |
| Curaçao | Central Bank of Curaçao and Sint Maarten |
| Cyprus | Central Bank of Cyprus |
| Czech Republic | Czech National Bank |
| D | |
| Denmark | National Bank of Denmark (Danmarks Nationalbank) |
| Dominican Republic | Central Bank of the Dominican Republic |
| E | |
| Ecuador | Central Bank of Ecuador |
| Egypt | Central Bank of Egypt |
| El Salvador | Central Reserve Bank of El Salvador |
| Equatorial Guinea | Bank of Central African States |
| Estonia | Bank of Estonia |
| Ethiopia | National Bank of Ethiopia |
| Euro area | European Central Bank |
| F | |
| Fiji | Reserve Bank of Fiji |
| Finland | Bank of Finland |
| France | Bank of France |
| G | |
| Gabon | Bank of Central African States |
| Gambia, The | Central Bank of The Gambia |
| Georgia | National Bank of Georgia |
| Germany | Deutsche Bundesbank |
| Ghana | Bank of Ghana |
| Greece | Bank of Greece |
| Guatemala | Bank of Guatemala |
| Guinea | Central Bank of the Republic of Guinea |
| Guinea-Bissau | Central Bank of West African States (BCEAO) |
| Guyana | Bank of Guyana |
| H | |
| Haiti | Bank of the Republic of Haiti |
| Honduras | Central Bank of Honduras |
| Hong Kong SAR | Hong Kong Monetary Authority |
| Hungary | Magyar Nemzeti Bank (Central Bank of Hungary) |
| I | |
| Iceland | Central Bank of Iceland |
| India | Reserve Bank of India |
| Indonesia | Bank Indonesia |
| Iran, Islamic Republic of | The Central Bank of the Islamic Republic of Iran |
| Iraq | Central Bank of Iraq |
| Ireland | Central Bank of Ireland |
| Israel | Bank of Israel |
| Italy | Bank of Italy |
| Ivory Coast | Central Bank of West African States (BCEAO) |
| J | |
| Jamaica | Bank of Jamaica |
| Japan | Bank of Japan |
| Jordan | Central Bank of Jordan |
| K | |
| Kazakhstan | National Bank of Kazakhstan |
| Kenya | Central Bank of Kenya |
| Korea, Republic of | Bank of Korea |
| Kosovo | Central Bank of the Republic of Kosovo |
| Kuwait | Central Bank of Kuwait |
| Kyrgyzstan | National Bank of the Kyrgyz Republic |
| L | |
| Lao People’s Democratic Republic | Bank of the Lao PDR |
| Latvia | Bank of Latvia |
| Lebanon | Central Bank of Lebanon |
| Lesotho | Central Bank of Lesotho |
| Liberia | Central Bank of Liberia |
| Libya | Central Bank of Libya |
| Lithuania | Bank of Lithuania |
| Luxembourg | Central Bank of Luxembourg |
| M | |
| Macao SAR | Monetary Authority of Macao |
| Macedonia, the Former Yugoslav Republic of | National Bank of the Republic of Macedonia |
| Madagascar | Central Bank of Madagascar |
| Malawi | Reserve Bank of Malawi |
| Malaysia | Central Bank of Malaysia |
| Maldives | Maldives Monetary Authority |
| Mali | Central Bank of West African States (BCEAO) |
| Malta | Central Bank of Malta |
| Mauritius | Bank of Mauritius |
| Mexico | Bank of Mexico |
| Moldova, Republic of | National Bank of Moldova |
| Mongolia | Bank of Mongolia |
| Montenegro | Central Bank of Montenegro |
| Morocco | Central Bank of Morocco |
| Mozambique | Bank of Mozambique |
| Myanmar | Central Bank of Myanmar |
| N | |
| Namibia | Bank of Namibia |
| Nepal | Central Bank of Nepal |
| Netherlands | Netherlands Bank |
| New Zealand | Reserve Bank of New Zealand |
| Nicaragua | Central Bank of Nicaragua |
| Niger | Central Bank of West African States (BCEAO) |
| Nigeria | Central Bank of Nigeria |
| Norway | Central Bank of Norway (Norges Bank) |
| O | |
| Oman | Central Bank of Oman |
| Organization of Eastern Caribbean States (OECS) | Eastern Caribbean Central Bank |
| P | |
| Pakistan | State Bank of Pakistan |
| Palestine | Palestine Monetary Authority |
| Papua New Guinea | Bank of Papua New Guinea |
| Paraguay | Central Bank of Paraguay |
| Peru | Central Reserve Bank of Peru |
| Philippines | Central Bank of the Philippines (Bangko Sentral ng Pilipinas) |
| Poland | National Bank of Poland |
| Portugal | Bank of Portugal |
| Q | |
| Qatar | Qatar Central Bank |
| R | |
| Romania | National Bank of Romania |
| Russian Federation | Central Bank of the Russian Federation |
| Rwanda | National Bank of Rwanda |
| S | |
| Samoa | Central Bank of Samoa |
| San Marino | Central Bank of the Republic of San Marino |
| Saudi Arabia | Saudi Arabian Monetary Agency |
| Senegal | Central Bank of West African States (BCEAO) |
| Serbia | National Bank of Serbia |
| Seychelles | Central Bank of Seychelles |
| Sierra Leone | Bank of Sierra Leone |
| Singapore | Monetary Authority of Singapore |
| Slovakia | National Bank of Slovakia |
| Slovenia | Bank of Slovenia |
| Solomon Islands | Central Bank of Solomon Islands |
| South Africa | South African Reserve Bank |
| Spain | Bank of Spain |
| Sri Lanka | Central Bank of Sri Lanka |
| Sudan | Bank of Sudan |
| Suriname | Central Bank of Suriname |
| Swaziland | The Central Bank of Swaziland |
| Sweden | Sveriges Riksbank |
| Switzerland | Swiss National Bank |
| Syrian Arab Republic | Central Bank of Syria |
| T | |
| Tajikistan | National Bank of the Republic of Tajikistan |
| Tanzania, United Republic of | Bank of Tanzania |
| Thailand | Bank of Thailand |
| Togo | Central Bank of West African States (BCEAO) |
| Tonga | National Reserve Bank of Tonga |
| Trinidad and Tobago | Central Bank of Trinidad and Tobago |
| Tunisia | Central Bank of Tunisia |
| Turkey | Central Bank of the Republic of Turkey |
| Turkmenistan | Central Bank of Turkmenistan |
| U | |
| Uganda | Bank of Uganda |
| Ukraine | National Bank of Ukraine |
| United Arab Emirates | Central Bank of the United Arab Emirates |
| United Kingdom | Bank of England |
| United States | Federal Reserve Bank of Atlanta |
| Federal Reserve Bank of Boston | |
| Federal Reserve Bank of Chicago | |
| Federal Reserve Bank of Cleveland | |
| Federal Reserve Bank of Dallas | |
| Federal Reserve Bank of Kansas City | |
| Federal Reserve Bank of Minneapolis | |
| Federal Reserve Bank of New York | |
| Federal Reserve Bank of Philadelphia | |
| Federal Reserve Bank of Richmond | |
| Federal Reserve Bank of San Francisco | |
| Federal Reserve Bank of St Louis | |
| Board of Governors of the Federal Reserve System | |
| Uruguay | Central Bank of Uruguay |
| Uzbekistan | Central Bank of the Republic of Uzbekistan |
| V | |
| Vanuatu | Reserve Bank of Vanuatu |
| Venezuela | Central Bank of Venezuela |
| Vietnam | State Bank of Vietnam |
| Y | |
| Yemen | Central Bank of Yemen |
| Z | |
| Zambia | Bank of Zambia |
| Zimbabwe | Reserve Bank of Zimbabwe |
