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Bank of Finland
Central Bank of Finland / From Wikipedia, the free encyclopedia
The Bank of Finland (Finnish: Suomen Pankki, Swedish: Finlands Bank) is the Finnish member of the Eurosystem and has been the monetary authority for Finland from 1812 to 1998, issuing the markka since 1860. It views itself as the fourth oldest surviving central bank in the world, after Sweden's Riksbank, the Bank of England, and the Bank of France.[2] Unlike the latter two and many other longstanding central banks, it has always been government-owned.
Quick Facts Headquarters, Established ...
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Headquarters | Helsinki |
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Established | 1 March 1812 |
Ownership | 100% state ownership[1] |
Governor | Olli Rehn |
Central bank of | Finland |
Reserves | 6 230 million USD[1] |
Succeeded by | European Central Bank (1999)1 |
Website | www.bof.fi |
1 The Bank of Finland still exists but many functions have been taken over by the ECB. |
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