Central Bank of Eswatini

State-owned bank in Eswatini

Central Bank of Eswatini
Umntsholi Wemaswati

Central Bank building in Mbabane

Headquarters| Mahlokohla St., Mbabane
Coordinates| 26°19′33″S 31°08′51″E﻿ / ﻿26.32583°S 31.14750°E﻿ / -26.32583; 31.14750
Established| 1 April 1974 (1974-04-01)
Ownership| 100% state ownership[1]
Governor| Phil Mnisi
Central bank of| Eswatini
Currency| Swazi lilangeni
SZL (ISO 4217)
Reserves| 470 million USD[1]
Website| www.centralbank.org.sz

The Central Bank of Eswatini (Swazi: Umntsholi Wemaswati), is the central bank of Eswatini. It was established in April 1974 and is based in capital Mbabane. According to the bank's website, the bank's mission is to promote monetary stability and foster a stable and sound financial system.[2] Among the bank's responsibilities are managing Eswatini's foreign exchange position and safeguarding the country's foreign reserves of cash. The bank conducts weekly auctions of 91-day Swazi treasury bills, through "primary dealer" Swazi banks. The current governor is Dr. Phil Mnisi.

The Central Bank is nominally independent, but is in practice overruled by Eswatini's absolute monarchy.[3]

## Governors

[edit]

The governor of the bank is appointed by the King of Eswatini for a term of five years.[4]

* Ethan Mayisela, April 1974 - June 1978[5][6]
* A. D. Ockenden, acting, June 1978 - June 1981[5]
* H. B. B. Oliver, July 1981 - June 1992[5][7]
* Martin Dlamini, acting, 1992
* James Nxumalo, July 1992 - June 1997[5]
* Martin Dlamini, July 1997 - November 2013[5][8]
* Majozi Sithole, November 2013 - July 2022[9][10]
* Dr. Phil Mnisi, 2022 - present[4]

## List of authorized banks of Eswatini

[edit]

* Eswatini Bank
* Standard Bank Eswatini
* First National Bank Swaziland
* Nedbank Swaziland
* Swaziland Building Society

## See also

[edit]

* Banks portal

* Swazi lilangeni
* Economy of Eswatini
* List of finance ministers of Eswatini
* List of central banks of Africa
* List of central banks

## References

[edit]

1. ^ a b Weidner, Jan (2017). "The Organisation and Structure of Central Banks" (PDF). Katalog der Deutschen Nationalbibliothek.
2. ^ "Central Bank of Swaziland: Mission". Archived from the original on 2007-03-28. Retrieved 2007-05-03.
3. ^ "The central bank in a tiny African country tried to block a suspicious banking venture. Then the king's allies intervened. - ICIJ". 2024-04-15.
4. ^ a b "PHIL MNISI IS NEW CENTRAL BANK GOVERNOR". Africa-Press. 11 June 2022.
5. ^ a b c d e Cuhaj, George S. (2011). Standard Catalog of World Paper Money. ISBN 978-1-4402-1584-1.
6. ^ Central Banking Directory. Central Banking Publications. 1993. ISBN 978-0-9517903-1-1.
7. ^ Central Banking Directory. Central Banking Publications. 1993. ISBN 978-0-9517903-1-1.
8. ^ "Times Of Swaziland". www.times.co.sz.
9. ^ "Times Of Swaziland". www.times.co.sz. Retrieved 2020-10-07.
10. ^ "The 6th Governor of The Central Bank Of Eswatini bows out gracefully". Central Bank of Eswatini. 20 July 2022.

## External links

[edit]

* Official website

Authority control databases

International|

* ISNI
* VIAF

National|

* Germany
* United States

Other|

* Yale LUX

* v
* t
* e

Eswatini articles

History|

* Monarchs
* Second Boer War
* World War II
* 2021–2023 protests

Geography|

* Cities and towns
* Geology
* Regions
* Wildlife

Politics|

* Cabinet
* Elections
* Foreign relations
* Human rights
* LGBT rights
* Ngwenyama
* Ndlovukati
* Prime Minister
* Military
* Commander
* Law enforcement
* Parliament
* Senate
* House of Assembly
* Political parties

Economy|

* Central Bank
* Child labour
* Companies
* Mining
* Prostitution
* Stock Exchange
* Telecommunications
* Transport

Society|

* Abortion
* Culture
* Demographics
* Education
* Flag
* Languages
* Music
* Religion

* Outline

* Category

* v
* t
* e

Central banks by country

Africa|

* Central African States
* West African States
* Algeria
* Angola
* Botswana
* Burundi
* Cape Verde
* Comoros
* Congo
* Djibouti
* Egypt
* Eritrea
* Eswatini
* Ethiopia
* Gambia
* Ghana
* Guinea
* Kenya
* Lesotho
* Liberia
* Libya
* Madagascar
* Malawi
* Mauritania
* Mauritius
* Morocco
* Mozambique
* Namibia
* Nigeria
* Rwanda
* São Tomé and Príncipe
* Seychelles
* Sierra Leone
* Somalia
* Somaliland
* South Africa
* South Sudan
* Sudan
* Tanzania
* Tunisia
* Uganda
* Zambia
* Zimbabwe

Asia|

* Afghanistan
* Bahrain
* Bangladesh
* Bhutan
* Brunei
* Cambodia
* China
* Hong Kong
* India
* Indonesia
* Iran
* Iraq
* Israel
* Japan
* Jordan
* Kazakhstan
* Kyrgyzstan
* South Korea
* North Korea
* Kuwait
* Lebanon
* Macao
* Malaysia
* Maldives
* Mongolia
* Myanmar
* Nepal
* Oman
* Pakistan
* Palestine
* Philippines
* Qatar
* Saudi Arabia
* Singapore
* Sri Lanka
* Syria
* Taiwan
* Tajikistan
* Thailand
* Timor-Leste
* Turkmenistan
* UAE
* Uzbekistan
* Vietnam
* Yemen

Europe|

* Eurosystem
* Abkhazia
* Albania
* Armenia
* Azerbaijan
* Austria
* Belarus
* Belgium
* Bosnia and Herzegovina
* Bulgaria
* Croatia
* Cyprus
* Czech
* Denmark
* Germany
* England
* Estonia
* Finland
* France
* Georgia
* Greece
* Hungaria
* Iceland
* Ireland
* Italy
* Kosovo
* Latvia
* Lithuania
* Luxembourg
* Malta
* Moldova
* Montenegro
* Netherlands
* Norway
* North Macedonia
* Northern Cyprus
* Poland
* Portugal
* Romania
* Russia
* Soviet Union
* Serbia
* Slovakia
* Slovenia
* Spain
* Sweden
* Switzerland
* Turkey
* Ukraine

North
America|

* Aruba
* The Bahamas
* Barbados
* Bermuda
* Canada
* Cuba
* Curaçao and Sint Maarten
* Eastern Caribbean
* Cayman Islands
* Dominican Republic
* Guatemala
* Haiti
* Honduras
* Jamaica
* Mexico
* Nicaragua
* Trinidad and Tobago
* United States

Oceania|

* Australia
* Fiji
* New Zealand
* Papua New Guinea
* Samoa
* Solomon Islands
* Tonga
* Vanuatu

South
America|

* Argentina
* Brazil
* Chile
* Colombia
* Ecuador
* Guyana
* Paraguay
* Peru
* Suriname
* Uruguay
* Venezuela

Names in italics indicate non-sovereign (dependent) territories, former countries, or states with limited recognition

This article about government in Eswatini is a stub. You can help Wikipedia by expanding it.

|

* v
* t
* e

This African bank or banking-related article is a stub. You can help Wikipedia by expanding it.

|

* v
* t
* e

*[v]: View this template
*[t]: Discuss this template
*[e]: Edit this template