Which bank has served as Japan’s central bank since its establishment in 1882?

The Bank of Japan has served as Japan’s central bank since its establishment in 1882.

The bank was established under the Bank of Japan Act and began operations on October 10, 1882. Its creation reflected Japan’s efforts during the Meiji period to build modern national financial institutions and a unified monetary system.

The Bank of Japan issues Japanese banknotes, implements monetary policy, and supports the stability of the financial system. Its headquarters are in the Nihonbashi district of Tokyo.

The Bank of Japan is not the same as a commercial bank serving ordinary customers. Like other central banks, it works mainly with the government and financial institutions, while influencing borrowing costs and the supply of money.