Bank of Zeed
| Type | Central bank |
|---|---|
| Industry | Banking |
| Founded | 1702 AN |
| Headquarters | Rusjar, Commonwealth of Zeed |
| Area served | Commonwealth of Zeed |
| Key people | Dietmar Schönbeck (Governor) |
| Services | Central banking |
| Owner(s) | Government of the Commonwealth of Zeed |
| Parent |
Allied Control Commission (1702-1716) Ministry of Finance (1716-present) |
The Bank of Zeed is the central bank of the Commonwealth of Zeed. Established in 1702 AN under Zeed Directive 2, the bank initially operated under the direct supervision of the Allied Control Commission following the Third Euran War. Its primary mandate was to stabilize the Zeedic ruble and rebuild the country's financial system. After the formation of the Commonwealth in 1716 AN, the bank was reorganized as an autonomous institution under the Ministry of Finance, though it maintains close coordination with the Committee of Euran Salvation on matters of monetary policy.
The bank's key responsibilities include issuing the Zeedic ruble, managing foreign exchange reserves, supervising the banking sector, and implementing monetary policy in coordination with the Commonwealth's economic objectives. Under Governor Dietmar Schönbeck, appointed in 1702 AN, the bank successfully stabilized the currency through a strict monetary policy and the backing of the Raspur Pact, helping to reduce inflation and restore confidence in the financial system. The bank plays a crucial role in the Commonwealth's economic development by maintaining price stability and supporting the government's reconstruction and modernization programs.
