Ríkisbankinn

Ríkisbankinn is the national central bank of Iceland. Its primary role is to maintain price stability and ensure the stability of the financial system. The bank was established in 1986 and is headquartered in Reykjavík. Ríkisbankinn operates independently of the government but is ultimately accountable to the Althing, Iceland's parliament.

The bank's main objectives include formulating and implementing monetary policy, issuing currency, and acting as a lender of last resort to financial institutions. It also manages the country's foreign exchange reserves and oversees the payment and settlement systems. Ríkisbankinn publishes economic statistics and research that inform public understanding of the Icelandic economy.

The bank's governor is appointed by the Prime Minister and serves a term of five years. The current governor is Ásgeir Jónsson. Ríkisbankinn is a member of the European System of Central Banks. The bank's operations are governed by the Central Bank of Iceland Act.