Danmarks Nationalbank 3.91

Danmarks Nationalbank is the central bank of the Kingdom of Denmark. It is a non-eurozone member of the European System of Central Banks . Since its establishment in 1818, objective of the Nationalbank as an independent and credible institution is to issue the Danish currency, the krone, and ensure its stability. The Board of Governors holds full responsibility for the monetary policy.The building which houses the bank's headquarters was designed by the renowned architect Arne Jacobsen, in collaboration with Hans Dissing and Otto Weitling. After Jacobsen's death, his office, renamed Dissing+Weitling, has brought the construction to completion.Danmarks Nationalbank undertakes all functions related to the management of the Danish central-government debt. The division of responsibility is set out in an agreement between the Ministry of Finance of Denmark and Danmarks Nationalbank.Danish and Faroese banknotes are printed at Danmarks Nationalbank's Banknote Printing Works. This ended 20 December 2016, and the printing of banknotes has been outsourced due to less demand for cash, and cut in expenses of 100 million crowns until 2020.