Банк Абхазии
 
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http://www.bankofabkhazia.org
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National Banking Board

 

The Bank of Abkhazia shall establish the National Banking Board in order to develop the monetary system of the Republic of Abkhazia. The National Banking Board shall be comprised of the representatives of the President of the Republic of Abkhazia, the Peoples Assembly of the Republic of Abkhazia, the Government of the Republic of Abkhazia, the Bank of Abkhazia, the credit institutions as well as the experts.

The Chairman of the National Banking Board shall be the Chairman of the Bank of Abkhazia. The National Banking Board shall be comprised of the representatives of the President and the Peoples Assembly of the Republic of Abkhazia, as well as the Minister of Finance and the Minister of Economy of the Republic of Abkhazia. Other members of the National Banking Board shall be appointed by the Peoples Assembly of the Republic of Abkhazia at the proposal of the Chairman of the Bank of Abkhazia. The number of the National Banking Board shall not exceed 9 persons.

The National Banking Board shall meet at least three times per annum.

The National Banking Board shall fulfill the following functions:

    • it shall consider the development conception of the banking system of the Republic of Abkhazia;
    • it shall consider guidelines projects for the single state monetary policy, foreign exchange regulation and control policy, analyze and summarize the guidelines implementation.
    • it shall expertise draft laws and draft normative acts on banking;
    • it shall consider the most important management issues of the credit institutions activities;
    • it shall participate in making of basic principles of the calculation system of the Republic of Abkhazia.
       
         
 
Address: 384900, Leon Av. 14, Republic of Abkhazia, BIC 224100000
Tel: +99544-297623 Fax: +99544-297622; e-mail: info@a.nb-ra.org
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