The Bulgarian National Bank (Bulgarian: Българска народна банка, romanized: Balgarska narodna banka, IPA: [ˈbɤɫɡɐrskɐ nɐˈrɔdnɐ ˈbaŋkɐ]) is the central bank of the Republic of Bulgaria with its headquarters in Sofia. The BNB was established on 25 January 1879.
It is an independent institution responsible for issuing all banknotes and coins in the country, overseeing and regulating the banking sector and keeping the government's currency reserves. The BNB is also the sole owner of the Bulgarian Mint. The governor is Dimitar Radev. The bank has a key role in Bulgarian economy. Since October 1, 2007 the bank is a member of European system of central banks. The governor of BNB is a member of General Assembly of European central bank. It is the 13 oldest central bank in the world.
1879Jan, 25
The Bulgarian National Bank is founded.
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Events on 1879
- 8Feb
Sydney Riot of 1879
The England cricket team led by Lord Harris is attacked during a riot during a match in Sydney. - 15Feb
Rutherford B. Hayes
Women's rights: US President Rutherford B. Hayes signs a bill allowing female attorneys to argue cases before the Supreme Court of the United States. - 5Apr
War of the Pacific
Chile declares war on Bolivia and Peru, starting the War of the Pacific. - 21Oct
Incandescent light bulb
Thomas Edison applies for a patent for his design for an incandescent light bulb. - 22Oct
Thomas Edison
Using a filament of carbonized thread, Thomas Edison tests the first practical electric incandescent light bulb (it lasted 13½ hours before burning out).