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Bank of Slovenia

Coordinates:46°3′10.44″N14°30′12.59″E / 46.0529000°N 14.5034972°E /46.0529000; 14.5034972
From Wikipedia, the free encyclopedia
Central Bank of Slovenia
Bank of Slovenia
Banka Slovenije(in Slovene)
Seat of the Bank of Slovenia in Ljubljana
Seat of the Bank of Slovenia inLjubljana
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.

TheBank of Slovenia (Slovene:Banka Slovenije) is thenational central bank forSlovenia within theEurosystem. It was the Sloveniancentral bank from 1991 to 2006, issuing thetolar.

In addition to its monetary role, the Bank of Slovenia is also afinancial supervisory authority. In that capacity, it increasingly implements policies set at theEuropean Union level. It is the national competent authority for Slovenia withinEuropean Banking Supervision.[2] It is a voting member of the Board of Supervisors of theEuropean Banking Authority (EBA).[3] It is Slovenia's designatedNational Resolution Authority and plenary session member of theSingle Resolution Board (SRB).[4] It is also a member of theEuropean Systemic Risk Board (ESRB).[5]

Overview

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The National Bank of Slovenia was established in 1973-1976 as part of the decentralization drive initiated byJosip Broz Tito at the time.[6]: 151  From 1976 to 1991, it operated within the federal central banking system in which theNational Bank of Yugoslavia (NBY) acted as central institution.

In early 1991, during the early phase of thebreakup of Yugoslavia, the National Bank of Slovenia started preparations to introduce a separate currency to replace thedinar, following revelations of capture of the NBY by Serbian politicians.[7] 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 theTen-Day War. The Slovenian tolar was subsequently introduced as national currency on 7 October 1991.[8]: 5 

The Bank of Slovenia is a non-governmental independent institution, obliged to periodically present a report on its operation to theNational 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 ofLjubljana, erected in 1920-1923 for theLjubljana Credit Bank.[9]

Governors

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In January 2025, Boštjan Vasle’s six-year term expired. Since then, Vice-Governor Primož Dolenc has been serving as Acting Governor, though without voting rights in the Governing Council of the European Central Bank.[11][12]

In May 2025, Slovenian President Nataša Pirc Mušar proposed Simon Savšek, head of the European Investment Bank’s office in Slovenia, as the next Governor, pending parliamentary approval.[13]

See also

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References

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  1. ^abWeidner, Jan (2017)."The Organisation and Structure of Central Banks"(PDF).Katalog der Deutschen Nationalbibliothek.
  2. ^"National supervisors".ECB Banking Supervision. Retrieved19 November 2025.
  3. ^"Members and Observers".European Banking Authority. Retrieved19 November 2025.
  4. ^"National Resolution Authorities".Single Resolution Board. Retrieved19 November 2025.
  5. ^"List of ESRB Members and National Macroprudential Authorities".European Systemic Risk Board. 21 November 2025.
  6. ^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)
  7. ^Blaine Harden (21 January 1991)."Slovenia takes steps to quit Yugoslavia: Republic to establish own currency, diplomacy".Washington Post.
  8. ^Banka Slovenije Annual Report - Year 1991(PDF)
  9. ^"History of the Banka Slovenije building".Banka Slovenije. Retrieved13 June 2025.
  10. ^"ECB's Vasle to Seek Second Term as Slovenian Central-Bank Head".Bloomberg.com. 18 September 2024. Retrieved16 October 2024.
  11. ^"Bank of Slovenia Acting Governor: Further Steps to Depend on the Current Situation".Econostream Media. Retrieved16 October 2025.
  12. ^"Slovenia Restarts Search Process for New Central-Bank Governor".Bloomberg.com. Archived fromthe original on 28 August 2025. Retrieved16 October 2025.
  13. ^Petrushevska, Dragana (26 May 2025)."Slovenia's president proposes new c-bank governor | Slovenia Politics News | SeeNews".seenews.com. Retrieved16 October 2025.

External links

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Media related toBank of Slovenia at Wikimedia Commons

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