Central Bank of Kosovo

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Central Bank of Kosovo Banka Qendrore e Kosovës
Headquarters	Pristina
Established	1999
Managing Director	Michel Svetchine
Central Bank of	Kosovo
Website	http://www.bqk-kos.org
Preceded by	Banking and Payments Authority of Kosovo and National Bank of Yugoslavia
Succeeded by	European Central Bank1
1 Many policies are managed defacto by the ECB/eurosystem, even if the bank is not part of the Eurosystem or the European System of Central Banks.

The Central Bank of the Republic of Kosovo, also known as the Central Banking Authority of Kosovo (formerly: the Banking and Payments Authority of Kosovo) is the central bank of Kosovo based in Pristina.^[1]

The bank's power include:

• regulating payments and settlements systems.
• operate one or more payment systems.
• provide financial advice to the government (at request).
• Keep an amount of foreign currencies.
• provide a fair amount of monetary mass (banknotes and coins)
• supervise financial institutions.
• perform regular benchmarks for the economical status of Kosovo.

However, As Kosovo has not formally joined the euro (like Andorra or Montenegro), the central bank can not:

• issue euro coins or notes.
• Participate in the discussions of the Eurosystem.

[edit] See also

Economy of Kosovo

[edit] References

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