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OeNB (Oesterreichische Nationalbank)

The Oesterreichische Nationalbank (OeNB) is Austria's central bank, responsible for maintaining financial stability and supporting the country's economy. It manages Austria’s monetary policy, oversees inflation, and ensures the smooth functioning of the banking system. Additionally, the OeNB manages Austria’s international reserves and contributes to European financial stability as part of the Eurozone. It also plays a key role in producing and distributing banknotes and coins. Essentially, the OeNB helps keep Austria's economy secure and functioning smoothly, making sure prices remain stable and money retains its value.