Which institution is the Czech Republic’s central bank, founded in 1993 after Czechoslovakia dissolved?

The Czech National Bank is the Czech Republic’s central bank, founded in 1993 after Czechoslovakia dissolved.

The institution began operating on 1 January 1993, when the Czech Republic and Slovakia became separate states. It succeeded the Czechoslovak State Bank’s functions within the newly independent Czech Republic. Its headquarters are in Prague.

The Czech National Bank conducts monetary policy, issues Czech koruna banknotes and coins, manages foreign-exchange reserves and supervises much of the country’s financial sector. The Czech Republic has retained the koruna rather than adopting the euro.

The bank is sometimes confused with the National Bank of Slovakia, which was created for the other successor state at the same time. The two institutions share a historical origin but are separate central banks with different currencies and national responsibilities.