Central Bank of Bahrain

From Wikipedia, the free encyclopedia

The Central Bank of Bahrain was established in 1973 as the Bahrain Monetary Agency, shortly after Bahrain gained its independence from the United Kingdom. As per Decree No. 64 of 2006 with respect to promulgating the Central Bank of Bahrain and Financial Institutions Law^[1], the Bahrain Monetary Agency is now the Central Bank of Bahrain. Its responsibilities include:

• Implement monetary policy
• Supervise and regulate the banking sector
• Act as the government’s fiscal agent
• Encourage the growth of Bahrain as a major international financial centre
• Manage the foreign currency cash reserves of the Kingdom.

The Bank is located in the Diplomatic Area. It also houses a splendid coin & currency museum with collections dating back to 653 AD.

[edit] See also

• Bahraini dinar

[edit] References

1. ^ Hamad ibn Isa Al Khalifah (2006-09-06). Decree No. 64 of 2006 with respect to promulgating the Central Bank of Bahrain and Financial Institutions Law. Retrieved on 2006-10-23.

[edit] External links

• Central Bank of Bahrain official site

v • d • e Central Banking List of Central Banks Global Bank for International Settlements · Financial Stability Forum · Basel Committee on Banking Supervision Major Federal Reserve System · European Central Bank · Bank of Japan · Bank of England · Bank of Canada · Reserve Bank of Australia Europe Central Bank of Russia · Croatian National Bank · National Bank of Serbia · Czech National Bank Asia Brunei Currency and Monetary Board · People's Bank of China · Central Bank of Turkey · Reserve Bank of India · Bank of Korea · Bank Indonesia · National Bank of Malaysia · State Bank of Pakistan · Central Bank of the Philippines · Central Bank of the Republic of China (Taiwan) · Bank of Thailand · State Bank of Vietnam Latin America Central Bank of the Argentine Republic · Central Bank of Brazil · Central Bank of Chile · Bank of Mexico · Central Reserve Bank of Peru Middle East & Africa National Bank of Ethiopia · Bank of Israel · Central Bank of Iran · Central Bank of Iraq · Central Bank of Nigeria · Central Bank of Syria · Reserve Bank of Zimbabwe Policies Expansionary monetary policy · Contractionary monetary policy · Monetary policy of the USA · Monetary policy of Sweden · Capital requirement Implementation Open market operations · Capital control · Discount rate · Money creation · Interest rates · Sovereign wealth fund Bretton Woods system World Bank · International Bank for Reconstruction and Development · International Finance Corporation · International Development Association · Multilateral Investment Guarantee Agency · International Centre for Settlement of Investment Disputes