Industry WIKI

A bank of issue, also referred to as a note-issuing bank or issuing authority, is a financial institution that issues banknotes.

A central bank, reserve bank, national bank, state bank, or monetary authority is a financial institution that manages the monetary policy of a country or monetary union. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Many central banks also have supervisory or regulatory powers to ensure the stability of commercial banks in their j