130 YEARS OF THE NATIONAL BANK OF SERBIA 1884-2014

Scientific review article
Autor: dr Milan Šojić, mr Branko Hinić
JEL: E58, G2, N23, N24
doi: 10.5937/bankarstvo1403138S
SCINDEX

Summary: The National Bank of Serbia, one of the most important state institutions of the Republic of Serbia, celebrates its grand jubilee this year - 130 years since its establishment. As the 16th central bank in the world, it was funded by equity capital from domestic sources. The Bank started its operations on 2 July 1884 pursuant to the Law on the Privileged National Bank of the Kingdom of Serbia, adopted on 6 January 1883 and published in "Novine Srpske" on 19 January of the same year. Prior to the adoption of this Law, the Serbian monetary system was regulated by the Law on Minting Silver Coins, enacted in 1873, which set up the dinar as the sole legal tender in Serbia.

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