Functions and responsibilities

misioniOn 27 July 2010, the Assembly of Kosovo approved Law No. 03/L-209 on “Central Bank of the Republic of Kosovo”.
The Central Bank of the Republic of Kosovo (CBK), successor to the Central Banking Authority of Kosovo, is a public legal entity based on Articles 11 and 140 of the Constitution and the provisions of this law, having administrative, financial and managerial autonomy.

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Mission and vision

Our Mission is to ensure financial and monetary stability, provide an efficient payment system, ensure an adequate supply of currency, as well as support sustainable economic development in the Republic of Kosovo.

We are committed to being an independent and trustworthy institution that operates transparently and responsibly towards the public, also our aim is to be synonymous with professionalism, innovation, and inclusivity.

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Organizational structure

The Central Bank of Kosovo (CBK) consists of a number of separate components in the management structure consisting of the Board of the Central Bank, or the Board of the CBK; The Executive Board of the Central Bank or the Executive Board, the Governor as Executive Director together with the Deputy Governors and the Audit Committee.

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The objectives of the CBK according to the law in force:

Stable Financial System

The primary objective of the Central Bank is to foster and maintain a stable financial system, including a safe, sound and efficient payment system.

Price Stability

An additional objective of the Central Bank, which is subordinated to its primary objective, is to contribute to achieving and maintaining domestic price stability.

Support the Economy

Without prejudice to attainment of these objectives, the Central Bank supports the general economic policies of the Government.

Open Market Economy

The Central Bank acts in accordance with the principle of an open market economy with free competition, favouring an efficient allocation of resources.

Boards and the Governor

CBK Governing Board

CBK Governing Board

In accordance with the Law on Central Bank of Republic of Kosovo, the Central Bank Board shall comprise the Governor and four (4) non-executive members and shall be charged with the supervision of the implementation of the policies, and the supervision of the administration and the operations of the Central Bank.

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CBK Executive Board

CBK Executive Board

The Executive Board shall comprise the Governor, who shall be the Chairperson, and to Deputy Governors, and shall be charged with the implementation of the Central Bank’s policies, and its operations. Based on Governor’s proposal, Central Bank Board shall decide for the number of Deputy Governors. Currently the Central Bank has three Deputy Governors.

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Governor of CBK

Governor of CBK

According to the Law on the Central Bank of the Republic of Kosovo, the Governor serves as the Chief Executive Officer of the Central Bank in charge of the day-to-day operations of the Central Bank. The Deputy Governors assist the Governor in carrying out the day-to-day operations of the Central Bank.

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Annual reports, legal framework and strategic plan

Legal Framework

The legal framework applicable to the CBK.

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Strategic Plan

CBK strategic plan 2024-2028.

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Annual Reports

CBK annual reports.

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