National Bank of Valruzia

National Bank of Valruzia (Valruzian: Narodwy Bank Walruzji) is the central bank of the Republic of Valruzia. It is responsible for issuing of Valruzian currency, the valruzian peso. It has its main headquarters in Nowogard and regional branches in 16 biggest cities in Valruzia.

The basic structure of the National Bank of Valruzia is regulated by teh | Banking Law Bill passed by the Sejm of Valruzia in 4248. By the virtue of this law, the First President of the National Bank of Valruzia (Valruzian: Pierwszy Prezed Nardowego Banku Walruzji) is nominated by the Minister of Finance and appointed by the Council of Ministers. He or she serves a 6-year term which can be shortened at the discretion of the Council.

The National Bank of Valruzia is responsible for issue regulations of other banks functioning and maintaining a record of Interbank Exchange transactions. It is also responsible for maintaining stability and safety of the whole banking system of the Republic of Valruzia.