Czechoslovak National Bank (historical)

The Czechoslovak National Bank was established in 1926 to serve as the central bank of Czechoslovakia, managing the country’s currency, the Czechoslovak koruna. It played a vital role in stabilizing the economy, controlling inflation, and overseeing the banking system. After World War II, the bank became more closely aligned with the state under communist rule, losing some of its independence. Following the peaceful split of Czechoslovakia in 1993, the bank was succeeded by separate central banks for the Czech Republic and Slovakia, continuing to fulfill essential roles in their respective economies.