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CENTRAL BANK

Statistics Directorate    
French Equivalent: Banque centrale

Definition:
The central bank is the national financial institution that
exercises control over key aspects of the financial system.
In general, the following financial intermediaries are
classified in this subsector:

a. The national central bank, including where it is part of
a system of central banks.

b. Currency boards or independent currency authorities
that issue national currency that is fully backed by
foreign exchange reserves.

c. Central monetary agencies of essentially public origin
(for example, agencies managing foreign exchange or
issuing bank notes and coin) that keep a complete set of
accounts but are not classified as part of central
government. Supervisory authorities that are separate
institutional units are not included with the central bank
but are included with financial auxiliaries.

As long as the central bank is a separate institutional unit, it
is always allocated to the financial corporations sector even
if it is primarily a non-market producer.

Source Publication:
System of National Accounts (SNA), 2008, 4.104
.

Hyperlink:
http://unstats.un.org/unsd/nationalaccount/docs/SNA2008.pdf

Statistical Theme: Financial statistics

Created on Tuesday, September 25, 2001

Last updated on Monday, April 08, 2013