of liechtenstein liechtensteinische landesbank headquarters vaduz established 1861 central bank of liechtenstein currency liechtenstein frank swiss franc chf iso 4217 website www.llb.li the national bank of liechtenstein german liechtensteinische landesbank is the central bank of liechtenstein based in the capital city vaduz . since 1993 it has been listed as a company at the swiss stock exchange with the majority of shares 57.5 % owned by the liechtenstein state . as the state is in a customs and monetary union with switzerland and have adopted the swiss franc as official currency the monetary policy and money supply is the sole responsibility of the swiss national bank . contents 1 tasks 1.1 monetary policy 1.2 cash supply and distribution 1.3 cashless payment transactions 1.4 investment of currency reserves 1.5 financial system stability 1.6 international monetary cooperation 1.7 banker to the confederation 1.8 statistics 2 monetary policy 3 general meeting of shareholders 4 see also 5 references 6 external links tasks edit due to liechtenstein s signed valuta union agreement with switzerland and its adoption of the swiss franc as its official currency the swiss national bank performs most duties in administration of macro finance currency and credit of banks . the national bank of liechtenstein however is responsible for the following three tasks to be secretariat for the government in the administration of macro finance currency credit of banks within the country . to promote and maintain stability of price within the country ; strengthen the efficiency of payments mechanism . to promote and facilitate control on the flows of money to serve the socio economic development plan of the liechtenstein . monetary policy edit the monetary policy is not conducted by the nationalbank of liechtenstein but by the swiss national bank snb which operates as an independent central bank for the chf currency . the snb is obliged by constitution and statute to act in accordance with the interests of the swiss country as a whole . its primary goal is to ensure price stability while taking due account of economic developments . in so doing it creates an appropriate environment for economic growth . cash supply and distribution edit the swiss national bank is entrusted with the note issuing privilege . it supplies the economy with banknotes that meet high standards with respect to quality and security . it is also charged by the confederation with the task of coin distribution . cashless payment transactions edit in the field of cashless payment transactions the swiss national bank provides services for payments between banks . these are settled in the swiss interbank clearing sic system via sight deposit accounts held with the swiss national bank . investment of currency reserves edit financial system stability edit international monetary cooperation edit banker to the confederation edit statistics edit monetary policy edit the snb pursues a monetary policy serving the interests of the country as a whole . it must ensure price stability while taking due account of economic developments . monetary policy affects production and prices with a considerable time lag . consequently it is based on inflation forecasts rather than current inflation . the snb s monetary policy strategy consists of three elements a definition of price stability the snb equates price stability with a rise in the national consumer price index of less than 2 % per year a medium term conditional inflation forecast and at operational level a target range for a reference interest rate which is the libor for three month investments in swiss francs . general meeting of shareholders edit since 1993 the national bank of liechtenstein has been listed as a company at the swiss stock exchange with the majority of shares 57.5 % owned by the liechtenstein state . 1 see also edit economy of liechtenstein liechtenstein frank swiss franc saron swiss average rate overnight financial market authority liechtenstein fma references edit about us our company at a glance . liechtensteinische landesbank . retrieved 26 january 2013 . external links edit official site national bank of liechtenstein swiss and world interest rates updated by forexmotion.com . v t e central banks global global bank for international settlements basel committee on banking supervision financial stability board by continent africa bank of central african states central bank of west african states bank of algeria national bank of angola bank of botswana bank of the republic of burundi bank of cape verde central bank of the comoros central bank of the congo central bank of djibouti central bank of egypt bank of eritrea national bank of ethiopia central bank of the gambia bank of ghana central bank of the republic of guinea central bank of kenya central bank of lesotho central bank of liberia central bank of libya central bank of madagascar reserve bank of malawi central bank of mauritania bank of mauritius bank al maghrib morocco bank of mozambique bank of namibia central bank of nigeria national bank of rwanda central bank of s o tom and pr ncipe central bank of seychelles bank of sierra leone central bank of somalia bank of somaliland south african reserve bank bank of south sudan central bank of sudan central bank of swaziland bank of tanzania central bank of tunisia bank of uganda bank of zambia reserve bank of zimbabwe americas central bank of argentina central bank of aruba central bank of the bahamas central bank of barbados bermuda monetary authority central bank of brazil bank of canada central bank of chile bank of the republic colombia central bank of cuba central bank of cura ao and sint maarten eastern caribbean central bank cayman islands monetary authority central bank of ecuador bank of guatemala bank of the republic of haiti central bank of honduras bank of jamaica bank of mexico central bank of nicaragua central reserve bank of peru central bank of suriname central bank of trinidad and tobago federal reserve system united states central bank of the uruguay central bank of venezuela asia da afghanistan bank central bank of bahrain bangladesh bank royal monetary authority of bhutan brunei currency and monetary board autoriti monetari brunei darussalam national bank of cambodia people s bank of china hong kong monetary authority reserve bank of india bank indonesia central bank of the islamic republic of iran central bank of iraq bank of israel bank of japan central bank of jordan national bank of kazakhstan national bank of the kyrgyz republic bank of korea central bank of the democratic people s republic of korea central bank of kuwait banque du liban monetary authority of macao bank negara malaysia maldives monetary authority bank of mongolia central bank of myanmar nepal rastra bank central bank of oman state bank of pakistan palestine monetary authority bangko sentral ng pilipinas qatar central bank saudi arabian monetary agency monetary authority of singapore central bank of sri lanka central bank of syria central bank of the republic of china taiwan bank of thailand central bank of turkmenistan central bank of the united arab emirates central bank of uzbekistan state bank of vietnam central bank of yemen europe european central bank eurosystem national bank of the republic of abkhazia bank of albania central bank of armenia national bank of austria central bank of azerbaijan national bank of the republic of belarus national bank of belgium central bank of bosnia and herzegovina bulgarian national bank croatian national bank central bank of cyprus czech national bank danmarks nationalbank denmark deutsche bundesbank germany bank of england bank of estonia bank of finland banque de france national bank of georgia bank of greece hungarian national bank central bank of iceland central bank of ireland banca d italia central bank of kosovo bank of latvia bank of lithuania central bank of luxembourg national bank of the republic of macedonia central bank of malta national bank of moldova central bank of montenegro de nederlandsche bank norges bank central bank of the turkish republic of northern cyprus national bank of poland banco de portugal national bank of romania central bank of russia national bank of serbia national bank of slovakia bank of slovenia gosbank soviet union bank of spain swedish national bank swiss national bank central bank of the republic of turkey national bank of ukraine oceania reserve bank of australia reserve bank of fiji reserve bank of new zealand bank of papua new guinea central bank of samoa central bank of solomon islands national reserve bank of tonga reserve bank of vanuatu policies and implementation policies capital requirement contractionary monetary policy expansionary monetary policy basel ii basel iii basel 4 implementation capital control discount rate interest rates money creation open market operation sovereign wealth fund bretton woods system international monetary fund world bank group international bank for reconstruction and development international centre for settlement of investment disputes international development association international finance corporation multilateral investment guarantee agency lists list of central banks central banks and currencies of africa central banks and currencies of the caribbean central banks and currencies of central america and south america names in italics indicate non sovereign dependent territories former countries or states with limited recognition retrieved from https en.wikipedia.org w index.php title national bank of liechtenstein & oldid 724103940 categories central bankseconomy of liechtensteinbanks of liechtensteinbanks established in 18611861 establishments in liechtensteinhidden categories use dmy dates from january 2013 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history 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