Danmarks Nationalbank (in Danish often simply Nationalbanken) is the central bank of the Kingdom of Denmark. It is a non-eurozone member of the European System of Central Banks (ESCB). Since its establishment in 1818, the objective of the Nationalbank as an independent and credible institution is to issue the Danish currency, the krone, and ensure its stability. The Board of Governors holds full responsibility for the monetary policy.[4]
The building which houses the bank's headquarters was designed by the renowned architect Arne Jacobsen, in collaboration with Hans Dissing and Otto Weitling. After Jacobsen's death, his office, renamed Dissing+Weitling, brought the building to completion.
Danmarks Nationalbank undertakes all functions related to the management of the Danish central-government debt. The division of responsibility is set out in an agreement between the Ministry of Finance of Denmark and Danmarks Nationalbank.
Danish and Faroesebanknotes were previously printed at Danmarks Nationalbank's Banknote Printing Works.[5] This practice came to an end 20 December 2016, after which the printing of banknotes has been outsourced due to a reduced demand for cash,[6] and cut in expenses of 100 million kroner until 2020.[7]
The bank was established on 1 August 1818 by King Frederick VI of Denmark. The private bank was given a 90-year monopoly on currency issue, which was extended in 1907 out to 1938. In 1914, the National Bank became the sole banker for the Danish government. The bank became fully independent of the government in 1936.
Board of Governors
The National Bank's first home next to Børsen on Slotsholmen, c. 1850.J.D. Herholdt's building from 1866–70 in c. 1899.
The Board of Governors consists of three members. The Chairman of the Board of Governors is Governor by Royal Appointment. The two other Governors are appointed by the Board of Directors.
The official logo of the bank is a nineteenth-century version of Denmark's coat of arms showing the insignia of Denmark, Schleswig, and Holstein. The two latter provinces were lost in the 1864 Second War of Schleswig, and the bank is the only official Danish institution still using this insignia. Since the late 19th century, coins minted by the bank carry a heart-shaped mint mark. Before this time, the Mint used a mark showing the royal crown.
^"Hvad siger loven?". Nationalbanken.dk (in Danish). Retrieved 7 August 2023.
^ abLund-Hansen, Christoffer (18 April 2023). "Kettel vil træde frem i lyset som Nationalbankdirektør: "Det er ikke min stil at fare rundt med høj stemmeføring"". Altinget.dk. Retrieved 7 August 2023.
^"SPECIFICATION FOR NATIONAL BANK BALANCE AFTER THE SPECIFICATION AND INSTRUMENT - INVENTORIES". nationalbanken.dk (in Danish). Retrieved 27 January 2016.
^The National Bank of Denmark Act, 1936 - Fraser: Federal Reserve of St. Louis. Access date: 12 July 2012.
^. Danmarks Nationalbank. Archived from the original on 16 March 2013. Retrieved 27 January 2013.
^Barsøe, Frederik (20 December 2016). "Today Ends a 1000 Year Old Tradition". bt.dk (in Danish). Berlingske Media. Retrieved 20 December 2016.
^Ulrik Horn (20 October 2014). "Nationalbanken lukker og slukker for seddelpressen" (in Danish). Dagbladet Børsen. Retrieved 10 March 2016.
^"Hugo Frey Jensen - Danmarks Nationalbank". Nationalbanken.dk. Retrieved 18 October 2019.
^"Per Callesen – Danmarks Nationalbank". Nationalbanken.dk. Retrieved 18 October 2019.
^"Lars Rohde - Danmarks Nationalbank". Nationalbanken.dk. Retrieved 18 October 2019.
External links
Official website
Wikimedia Commons has media related to Danish National Bank.
August 24, 2023
danmarks, nationalbank, danish, often, simply, nationalbanken, central, bank, kingdom, denmark, eurozone, member, european, system, central, banks, escb, since, establishment, 1818, objective, nationalbank, independent, credible, institution, issue, danish, cu. Danmarks Nationalbank in Danish often simply Nationalbanken is the central bank of the Kingdom of Denmark It is a non eurozone member of the European System of Central Banks ESCB Since its establishment in 1818 the objective of the Nationalbank as an independent and credible institution is to issue the Danish currency the krone and ensure its stability The Board of Governors holds full responsibility for the monetary policy 4 Danmarks NationalbankHeadquartersHavnegade 5 CopenhagenEstablished1 August 1818 205 years ago 1818 08 01 Ownershipindependent self governing instituion 1 Royal DirectorChristian Kettel Thomsen 2 Central bank ofThe Kingdom of DenmarkCurrencyDanish kroneDKK ISO 4217 Reserves479 065 000 000DKK 3 WebsiteOfficial WebsiteThe building which houses the bank s headquarters was designed by the renowned architect Arne Jacobsen in collaboration with Hans Dissing and Otto Weitling After Jacobsen s death his office renamed Dissing Weitling brought the building to completion Danmarks Nationalbank undertakes all functions related to the management of the Danish central government debt The division of responsibility is set out in an agreement between the Ministry of Finance of Denmark and Danmarks Nationalbank Danish and Faroese banknotes were previously printed at Danmarks Nationalbank s Banknote Printing Works 5 This practice came to an end 20 December 2016 after which the printing of banknotes has been outsourced due to a reduced demand for cash 6 and cut in expenses of 100 million kroner until 2020 7 Contents 1 History 2 Board of Governors 3 Logo 4 See also 5 References 6 External linksHistory EditThe bank was established on 1 August 1818 by King Frederick VI of Denmark The private bank was given a 90 year monopoly on currency issue which was extended in 1907 out to 1938 In 1914 the National Bank became the sole banker for the Danish government The bank became fully independent of the government in 1936 Board of Governors Edit The National Bank s first home next to Borsen on Slotsholmen c 1850 J D Herholdt s building from 1866 70 in c 1899 The Board of Governors consists of three members The Chairman of the Board of Governors is Governor by Royal Appointment The two other Governors are appointed by the Board of Directors List of Royal Governors1818 1818 Christian Klingberg 1835 1856 Lauritz Nicolai Hvidt 1821 1861 Nicolai Aagesen 1836 1845 Peter Georg Bang 1856 1861 Hans Peter Hansen 1861 1892 Moritz Levy 1868 1888 Wilhelm Sponneck 1869 1896 Stephan Linnemann 1873 1887 W J A Ussing 1873 1896 F C Smidt 1887 1888 Carl Vilhelm Lange 1896 1913 Soren Christian Knudtzon 1888 1913 Rasmus Strom 1896 1906 Johannes Nellemann 1907 1924 Jens Peter Winther 1908 1908 Ole Hansen 1908 1920 Johannes Lauridsen 1913 1939 Westy Stephensen 1914 1923 Marcus Rubin 1914 1924 Carl Ussing 1920 1923 Jens Peter Dalsgaard 1923 1931 Holmer Green 1923 1936 Hans Rosenkrantz 1924 1932 Jakob Kristian Lindberg 1925 1936 Frederik Carl Gram Schroder 1935 1955 Ove Jepsen 1936 1949 C V Bramsnaes 1939 1957 Henning Haugen Johansen 1949 1950 Holger Koed 1950 1963 Svend Nielsen 1956 1963 Siegfried Hartogsohn 1957 1985 Frede Sunesen 1963 1985 Svend Andersen 1965 1994 Erik Hoffmeyer 1980 1996 Ole Thomasen 1982 1990 Richard Mikkelsen 1991 2005 Bodil Nyboe Andersen 1995 2010 Jens Thomsen 1996 2011 Torben Nielsen 2005 2013 Nils Bernstein 2011 2020 Hugo Frey Jensen 8 2011 Per Callesen 9 2013 2023 Lars Rohde 10 2020 Signe Krogstrup 2023 Christian Kettel Thomsen 2 Logo EditThe official logo of the bank is a nineteenth century version of Denmark s coat of arms showing the insignia of Denmark Schleswig and Holstein The two latter provinces were lost in the 1864 Second War of Schleswig and the bank is the only official Danish institution still using this insignia Since the late 19th century coins minted by the bank carry a heart shaped mint mark Before this time the Mint used a mark showing the royal crown See also Edit Denmark portal Faroe Islands portal Economy portal Banks portalEconomy of Denmark Economy of the Faroe Islands Economy of Greenland Economy of Europe European Exchange Rate Mechanism Financial Supervisory Authority Denmark Payment system Real time gross settlementReferences Edit Hvad siger loven Nationalbanken dk in Danish Retrieved 7 August 2023 a b Lund Hansen Christoffer 18 April 2023 Kettel vil traede frem i lyset som Nationalbankdirektor Det er ikke min stil at fare rundt med hoj stemmeforing Altinget dk Retrieved 7 August 2023 SPECIFICATION FOR NATIONAL BANK BALANCE AFTER THE SPECIFICATION AND INSTRUMENT INVENTORIES nationalbanken dk in Danish Retrieved 27 January 2016 The National Bank of Denmark Act 1936 Fraser Federal Reserve of St Louis Access date 12 July 2012 Facts about the banknotes Danmarks Nationalbank Archived from the original on 16 March 2013 Retrieved 27 January 2013 Barsoe Frederik 20 December 2016 Today Ends a 1000 Year Old Tradition bt dk in Danish Berlingske Media Retrieved 20 December 2016 Ulrik Horn 20 October 2014 Nationalbanken lukker og slukker for seddelpressen in Danish Dagbladet Borsen Retrieved 10 March 2016 Hugo Frey Jensen Danmarks Nationalbank Nationalbanken dk Retrieved 18 October 2019 Per Callesen Danmarks Nationalbank Nationalbanken dk Retrieved 18 October 2019 Lars Rohde Danmarks Nationalbank Nationalbanken dk Retrieved 18 October 2019 External links EditOfficial website Wikimedia Commons has media related to Danish National Bank Retrieved from https en wikipedia org w index php title Danmarks Nationalbank amp oldid 1169176700, wikipedia, wiki, book, books, library,
