Asia

Under the guidance of the State Council, the PBC formulates and implements monetary policy, prevents and resolves financial risks, and safeguards financial stability.

The Republic of Kazakhstan has a two-tier banking system. The National Bank is the central bank of Kazakhstan and presents the upper (first) tier of the banking system of Kazakhstan.

In 1991 a completely new 2 level banking system was established in Mongolia: State bank of Mongolia "Bank of Mongolia" and commercial banks. Since it's establishment the Bank of Mongolia has been influencing and contributing real efforts on the economy of Mongolia.

Central Bank of Pakistan.

The Royal Monetary Authority of Bhutan (RMA) was established under the Royal Monetary Authority of Bhutan Act, passed by the 56th session of the National Assembly of Bhutan in 1982.

Central bank of India.

Central Bank of Tajikistan.

Central bank of Kyrgyzstan.

Monetary Authority of Singapore' MissionTo promote sustained non-inflationary economic growth, and a sound and progressive financial centre.

The Maldives Monetary Authority (MMA) was established on 1st July 1981, and is endowed with the regular powers and obligations of a central bank under the mandate provided by the MMA Act (1981).

The Hong Kong Monetary Authority (HKMA) was established on 1 April 1993 by merging the Office of the Exchange Fund with the Office of the Commissioner of Banking.

The Bangko Sentral ng Pilipinas (BSP) is the central bank of the Republic of the Philippines. It was established on 3 July 1993 pursuant to the provisions of the 1987 Philippine Constitution and the New Central Bank Act of 1993.

Established in 1950 under the Monetary Law Act No.58 of 1949 (MLA), the Central Bank of Sri Lanka (CBSL) is the apex institution in the financial sector in Sri Lanka.

The Bank of Korea was established on June 12, 1950 under the Bank of Korea Act. The Bank of Korea was originally established with a capital of 1.5 billion won, all of which was subscribed by the Government.

A new chapter in the history of Bank Indonesia as an independent central bank was initiated when a new Central Bank Act, the UU No. 23/1999 on Bank Indonesia, was enacted on May 17, 1999.

Central bank of Republic of Armenia.

The Central Bank of Oman was established vide a Royal Decree promulgated in December 1974 and commenced operations on April 1st 1975 in accordance with provisions defined in the Banking Law of 1974.

Nepal Rastra Bank (NRB), the Central Bank of the Kingdom of Nepal, was established in 1956 to discharge the central banking responsibilities including guiding the development of the embryonic domestic financial sector.

Bank Negara Malaysia is the central bank for Malaysia. It was established on 26 January 1959, under the Central Bank of Malaya Ordinance, 1958.

On December 20, 1999, the Macao Special Administrative Region (SAR) was established upon the return to the People's Republic of China. In order to be more in line with common practice, the name of the institution became simplified as Monetary Authority of Macao3 while the acronym AMCM maintained. The autonomy, all functions and responsibilities of the AMCM remain unchanged. In addition, the Macao SAR Government assigned to the AMCM the additional responsibility of managing the reserve fund of the Macao SAR effective from April 1, 2000.

According to the Central Bank of China Act, the Bank's operational objectives include promoting financial stability, ensuring sound banking operations, maintaining the stable internal and external value of the currency.

Bangladesh Bank, the central bank of the country, was established as a corporate vide the Bangladesh Bank Order, 1972 (P.O. No. 127 of 1972) with effect from 16th December, 1971.

The Brunei Currency Board (BCB) was established by the 1967 Currency Act in Chapter 32 of the Laws of Brunei. As stipulated in Section 9(1) of the Act, it has the sole right to manage and issue currency notes and coins in Brunei Darussalam.

The Bank of Thailand was first set up as the Thai National Banking Bureau. The Bank of Thailand Act was promulgated on April 28,1942 vesting upon the Bank of Thailand the responsibility for all central banking functions. The Bank of Thailand started operations on December 10,1942.

The Bank of Japan's missions are to maintain price stability and to ensure the stability of the financial system, thereby laying the foundations for sound economic development.