Statement from the 51st Meeting of the Bank Board of the NBS
The 51st Meeting of the Bank Board of Narodna banka Slovenska was held on 9 December 2008, chaired by Ivan Sramko, Governor.
The Bank Board of the National Bank of Slovakia at its 51st Meeting held on 9 December 2008 decided with effect from 10th December 2008 on the changes in interest rates level as follows: – overnight sterilisation rate at 1.50 %, – overnight refinancing rate set at 3.50 %, – two-week REPO tender limit rate set at 2.50 %.
The Bank Board of the NBS discussed the document “Financial Stability Report for the First Half of 2008”. The Report evaluates the most important factors which affected domestic financial stability in the first half of 2008. It also shows the records of and evaluates the serious events which occurred in the international financial markets during the first half of 2008 and which had a significant impact on factors of domestic financial stability. The document will be published in full wording on the NBS’s website.
The Bank Board of the NBS discussed and approved the Plan of Main Tasks of the NBS for the First Half of 2009.
The Bank Board of the NBS approved the plan of issue of the coins for collectors´ sets for 2010, which includes the issue of the following four coins:
1. a silver collectors´ coin of nominal value EUR 10 commemorating the 150th anniversary of the birth of Martin Kukučín
2. a silver collectors´ coin of nominal value EUR 20 with the motif “Protection of Nature and Landscape – Poloniny National Park”
3. – 4. a gold collectors´ coin of nominal value EUR 100 and a silver collectors´ coin of nominal value EUR 10 with the motif of World heritage UNESCO – wooden churches in the Slovak part of the Carpathian region.
The Bank Board of the NBS discussed and approved the Decrees of Narodna banka Slovenska laying down the Solvency and the Minimum Capital of a Guarantee Fund of an Insurance Company, a Branch of a Foreign Insurance Company, a Reinsurance Company and a Branch of Foreign Reinsurance Company.
The Decree stipulates the method of calculation and declaration of the real solvency rate, the required solvency rate, the method of risk capital calculation, the method of calculation and declaration of the adjusted solvency rate, and stipulates the minimum capital of a guarantee fund of an insurance company, a branch of a foreign insurance company, a reinsurance company and a branch of a foreign reinsurance company. The Decree shall become effective on 31 December 2008.
Jana Kovacova
Spokesperson of the NBS
National Bank of Slovakia
Communications Section
Imricha Karvasa 1, 813 25 Bratislava, Slovak Republic
Tel.: +421-2-5787 2161,+421-2-5865 2161, +421-2-5787 2166, 421-2-5865 2166
Internet: http://www.nbs.sk
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