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Bank of Slovenia

Coordinates: 46°3′10.44″N 14°30′12.59″E / 46.0529000°N 14.5034972°E / 46.0529000; 14.5034972
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Bank of Slovenia
Banka Slovenije (in Slovene)
Seat of the Bank of Slovenia in Ljubljana
Seat of the Bank of Slovenia in Ljubljana
HeadquartersLjubljana
Established25 June 1991
Ownership100% state ownership[1]
PresidentBoštjan Vasle
Central bank ofSlovenia
Reserves350 million USD[1]
Succeeded byEuropean Central Bank (2007)1
Websitewww.bsi.si
1 The Bank of Slovenia still exists but many functions have been taken over by the ECB.

The Bank of Slovenia (Slovene: Banka Slovenije) is the national central bank for Slovenia within the Eurosystem. It was the Slovenian central bank from 1991 to 2006, issuing the tolar. Since 2014, it has also been Slovenia's national competent authority within European Banking Supervision.[2]

Overview

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The National Bank of Slovenia was established in 1973-1976 as part of the decentralization drive initiated by Josip Broz Tito at the time.[3]: 151  From 1976 to 1991, it operated within the federal central banking system in which the National Bank of Yugoslavia (NBY) acted as central institution.

In early 1991, during the early phase of the breakup of Yugoslavia, the National Bank of Slovenia started preparations to introduce a separate currency to replace the dinar, following revelations of capture of the NBY by Serbian politicians.[4] Slovenian legislation reorganizing and renaming the National Bank as the Bank of Slovenia entered into force on 25 June 1991, the same day as Slovenia's declaration of independence which triggered the Ten-Day War. The Slovenian tolar was subsequently introduced as national currency on 7 October 1991.[5]: 5 

The Bank of Slovenia is a non-governmental independent institution, obliged to periodically present a report on its operation to the National Assembly of Slovenia. Its primary task is to take care of the stability of the domestic currency and to ensure the liquidity of payments within the country and with foreign countries. It also acts as the supervisor of the banking system.

The bank is headquartered in a prominent building in the center of Ljubljana, erected in 1920-1923 for the Ljubljana Credit Bank.[6]

Governors

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See also

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References

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  1. ^ a b Weidner, Jan (2017). "The Organisation and Structure of Central Banks" (PDF). Katalog der Deutschen Nationalbibliothek.
  2. ^ "National supervisors". ECB Banking Supervision.
  3. ^ Ivan Ribnikar & Tomaž Košak. "Chapter 10: Monetary System and Monetary Policy" (PDF). In Mojmir Mrak, Matija Rojec, & Carlos Silva-Jáuregui (ed.). Slovenia: From Yugoslavia to the European Union. Washington DC: The World Bank.{{cite conference}}: CS1 maint: multiple names: editors list (link)
  4. ^ Blaine Harden (21 January 1991). "Slovenia takes steps to quit Yugoslavia: Republic to establish own currency, diplomacy". Washington Post.
  5. ^ Banka Slovenije Annual Report - Year 1991 (PDF)
  6. ^ "History of the Banka Slovenije building". Banka Slovenije. Retrieved 13 June 2025.
  7. ^ "ECB's Vasle to Seek Second Term as Slovenian Central-Bank Head". Bloomberg.com. 18 September 2024. Retrieved 16 October 2024.
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Media related to Bank of Slovenia at Wikimedia Commons 46°3′10.44″N 14°30′12.59″E / 46.0529000°N 14.5034972°E / 46.0529000; 14.5034972