Bank of Greece - Introduction

Introduction

Bank of Greece, a member of the European System of Central Banks (ESCB), The Bank of Greece is Greeceā€™s national central bank and was established by Law 3424/7 December 1927. The shares of the Bank of Greece are registered and have been listed on the Athens Exchange since 12 June 1930.

It has a staff of more than 3,000 employees.

The primary objective of the Bank of Greece is to ensure price stability in Greece. It also supervises the private banks and acts as a treasurer and fiscal agent for the Greek government. After law 3867/2010 was passed, the Bank of Greece is also responsible for supervising private insurance companies, merging in the Committee for the Supervision of Insurance Companies established by law 3229/2004.

Its Euro banknotes printer identification code is Y.

Bank of Greece also sells Gold sovereigns.

The entrance of the Bank of Greece features the Greek and the European Union flags.

The current (as of 2008, June) governor is Georgios A. Provopoulos who manages the bank together with the deputy governors Panagiotis Aristidis Thomopoulos and Nikolaos D. Paleocrassas.

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