Economics Atlas

How Wealth Is Ordered
Institutions

Oesterreichische Nationalbank

Central Banks and Monetary Authorities

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The Oesterreichische Nationalbank, Austria's central bank, was founded on January 1, 1923, taking over the Austro-Hungarian Bank's operations on Austrian territory following the Treaty of Saint-Germain-en-Laye of 1919. Headquartered in Vienna, its tasks within the Eurosystem include contributing to a stability-oriented monetary policy for the eurozone, safeguarding financial stability in Austria, supplying the public and businesses with counterfeit-proof cash, managing the country's gold and foreign exchange reserve assets, compiling economic analyses and statistics, operating euro payment systems, and participating in European banking supervision.

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