Basic information
- What activities are currently carried out by the central bank?
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After the entry to the eurozone the National Bank of Slovakia stopped creating its own monetary policy. The Governer of the NBS is a member of the Governing Council, which is a decision-making body of the European Central Bank (ECB). The Governing Council is responsible for formulation of the monetary policy for the whole eurozone. Also other NBS employees of the NBS are taking part in the creation of the monetary policy by working in different committees of the Eurosystem (for example Monetary Policy Committee, International Relations Committee and Market Operations Committee). The NBS henceforth continues in the financial market supervision, operation of the domestic payment system, currency circulation governance and other tasks.
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- Is it possible to exchange a foreign currency in the NBS?
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The NBS does not perform any foreign exchange activity; i. e. neither it buys nor sells any of the foreign currencies.
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- Is it possible to visit a permanent exhibition at the premises of the NBS?
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The exhibition Slovak currency presents information about existing Slovak currency, its establishment, development, production, motives, technical parameters up to the introduction of Slovak euro coins. Parts of the exhibition are fragments of the exhibition which represented Slovakia in Brussels at the announcement of the conversion rate. The exhibition is situated in the exhibition premises of the NBS headquarters in the street Imricha Karvaša in Bratislava (in the entry hall). It is open to public on workdays from Monday to Friday, from 10.00 to 15.00 on request.
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- Is the BIATEC magazine published also in the English language?
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The specialized journal BIATEC is published in printed form only in the Slovak language. From 2002 to 2010, there are selected articles and few numbers published in English on the website of the NBS.
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- Does the NBS protect deposits in commercial banks?
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It is not the competence of the NBS to protect bank deposits. It falls within the competence of the Deposit Protection Fund of the Slovak Republic, of which the NBS is only a shareholder. The fund is based in Kapitulská 12, Bratislava. More information what banks or subsidiaries of foreign banks are subject to the fund´s protection, can be found on the fund´s website www.fovsr.sk.
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