Summary
Banque nationale de Belgique SA operates as the central bank of Belgium. The company's activities include determination and implementation of the Eurosystem's monetary policy; printing and issuing of notes and coins; collection, compilation, analysis, and distribution of economic and financial information; and promotion of monetary and financial stability. It also engages in the centralization of the revenue and expenditure of the federal state; administration of fines and settlements; combating money laundering; and international settlements. In addition, the company provides macro prudential and prudential supervision, oversight of financial market infrastructures and critical service providers, and crisis management services; and a range of services to individuals and schools, such as exchange of banknotes and coins, securities and coupons, central individual credit register for consumer credits and mortgage loans, and documentation base primarily specialized in economics, finance, and monetary policy, as well as collects and publishes annual accounts of Belgian enterprises. Further, it offers services to central banks comprising reserve management services, such as custody accounts and remuneration of the cash accounts to non-euro area countries, and central banks or monetary authorities, as well as international organization other than community institutions and bodies. Banque nationale de Belgique SA was founded in 1850 and is headquartered in Brussels, Belgium.
History
The National Bank of Belgium was established in 1850 and has been a key player in the economy of Belgium ever since. It is an independent institution, and its mandate is to promote price stability and to ensure a secure and stable financial system. The Bank is also responsible for issuing Belgian coins and banknotes, as well as managing the country’s gold reserves.
Mission
The mission of the National Bank of Belgium is to contribute to financial stability, prosperity and the well-being of the citizens of Belgium. This includes fostering economic growth and promoting a sound and stable financial system, as well as providing high quality services to our customers.
Vision
The vision of the National Bank of Belgium is to be a leader in the area of financial stability and to be a trusted provider of reliable financial services for Belgian citizens.
Key Team
Mr. Ph. Lefevre (Head of Legal Service)
Geert Sciot (Head of the Communication Service)
Mr. Patrick Tack (Head of HR)
Mr. Dirk Ooms (Head of Financial Markets)
Mr. R. Trogh (Head of Microeconomic Information)
Mr. J. Pissens (Head of Prudential Supervision of Market Infrastructure & Oversight)
Mr. A. De Landtsheer (Head of Medical Supervision)
Recognition and Awards
The National Bank of Belgium has received numerous awards, including the Global Finance Best Central Bank Award and the Global Finance Central Bank of the Year Award
References