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Royal Bank for the Delongo Ministry and the People's Democratic Republic of Delongo

Headquarters

312 Finance Avenue, West New London

Established

11 May 1820

Governor

Alexandre Belarus

Currency

Delo (DEL) (ɖ)

Reserves

ɖ1,504,000,000,000

Bank Rate

1.26%

Minister of Finance

Janet Ki Wan

The Royal Bank for the Delongo Ministry and the People's Democratic Republic of Delongo (also known as the Bank of Delongo and the BoD) is the central bank of the PDRD. The bank was established in 1820 under the Royal Bank Act as the Royal Bank of Blix. When Blix joined Canada, the bank became a private bank. In 2012 the Royal Bank Act II caused for the nationalization of the bank as the central bank of Delongo.

The Bank of Delongo is owned by the monarch in right of the PDRD, but is commonly maintained by the Minister of Finance, Janet Ki Wan (since 17 May 2013). The bank is responsible for issuing all Delongonian banknotes, maintaining the national currency: the delo, the promotion of a safe and sound financial system, and funds management and central banking services for the Delongo Ministry.

The bank is headquartered on Finance Avenue in West New London. It is one of the few government buildings in the Financial District of the city.

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