The Bank of Greece is Greece’s central bank, established in 1927 and headquartered in Athens.
It was founded under the Geneva Protocol of 1927 as part of an international financial stabilisation programme. The bank began operations in 1928, taking over note issuance and other central-bank responsibilities from the National Bank of Greece. Its headquarters are in Athens.
The Bank of Greece is a member of the Eurosystem and helps implement the European Central Bank’s monetary policy in Greece. It also supervises parts of the financial system, manages official reserves and contributes to financial stability.
The institution should not be confused with the National Bank of Greece, a commercial bank founded in 1841. The similar names reflect Greece’s banking history, but only the Bank of Greece is the country’s central bank.