Sveriges Riksbank
Sveriges Riksbank, or simply the Riksbank, is the central bank of Sweden. Founded in 1668, it is the world's oldest surviving central bank, and the third oldest bank in continuous operation.[3][4] Until the 20th century, it was also the only state-owned central bank outside of the Russian Empire.[5]: 14
Headquarters
Brunkebergstorg 11
103 37 Stockholm
Sweden
17 September 1668
100% state ownership[1]
Swedish krona
SEK (ISO 4217)
49 830 million USD[1]
None
0.75[2]
0.65[2]
not applicable (no reserve requirements)
Riksens Ständers Bank (1668)
Stockholms Banco (1657)
Etymology[edit]
The first part of the word riksbank, riks, stems from the Swedish word rike, which means realm, kingdom, empire or nation in English. A literal English translation of the bank's name could thus be Sweden's Realm's Bank. The bank, however, doesn't translate its name to English but uses its Swedish name the Riksbank also in its English communications.
Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel[edit]
Following its third centennial in 1968, the bank instituted the annual Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, which is awarded with the Nobel Prizes at the Prize Award Ceremony in Stockholm, on 10 December, the anniversary of Alfred Nobel's death.