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Privileged National Bank of the Kingdom of Serbia information


National Bank of the Kingdom of Serbia
Company typeCentral bank
IndustryFinancial services
FoundedJanuary 18, 1883 (1883-01-18)
DefunctJanuary 26, 1920 (1920-01-26)
FateMerged
SuccessorNational Bank of the Kingdom of Serbs, Croats and Slovenes
Headquarters
Belgrade
,
Serbia
Key people
Aleksa Spasić first governor
OwnerGovernment of Serbia

The Privileged National Bank of the Kingdom of Serbia (Serbian: Привилегована народна банка Краљевине Србије, romanized: Privilegovana narodna banka Kraljevine Srbije) was the central bank of the Kingdom of Serbia, established in 1884 two years after the kingdom's proclamation. In 1920 it was merged to form the National Bank of the Kingdom of Serbs, Croats and Slovenes.

As elsewhere in Balkan Peninsula, and more than any other region of Europe in the 19th century, the Principality of Serbia was affected by circulation of a considerable variety of foreign money. The government maintained a so-called exchange-rate list which, as late as 1866, listed no fewer than 47 different types of coin in which taxes could be paid.[1]: 32–33  In 1854, the newspaper Novine srbske [sr] published an article entitled "The current monetary crisis", which called for the creation of a new financial institution intended to put order in the affairs of the country. Given the principality's other difficulties, however, that call remained unheeded for three more decades.[citation needed]

  1. ^ Matthias Morys (2014), "I South-Eastern European Monetary History in a pan-European Perspective, 1841–1939" (PDF), South-Eastern European Monetary and Economic Statistics from the Nineteenth Century to World War II, Athens, Sofia, Bucharest, Vienna: Bank of Greece, Bulgarian National Bank, National Bank of Romania, Oesterreichische Nationalbank

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