About Czech National Bank
The CNB is the central (central) bank of the Czech Republic, the body exercising supervision over the financial market and the body responsible for solving the financial market crisis. It was established by the Constitution of the Czech Republic and carries out its activities in accordance with Act No. 6/1993 Coll. (pdf, 342 kB) , on the Czech National Bank, as amended, and other legal regulations. It is a legal entity under public law with its headquarters in Prague. The CNB carries out its activities through its headquarters in Prague and offices outside Prague in Ústí nad Labem, Pilsen, České Budějovice, Hradec Králové, Brno and Ostrava. The CNB manages its own assets, including foreign exchange reserves, with professional care. Its activities can only be interfered with on the basis of the law.
The CNB is part of the European System of Central Banks and participates in the fulfillment of its goals and tasks. It is also part of the European System of Financial Market Supervision and cooperates with the European Board for Systemic Risks and European Financial Market Supervisory Authorities… Continue reading about Czech National Bank here.