OeNB marks its 200th anniversary in 2016


On June 1, 1816, Emperor Francis I founded the “privilegirte oesterreichische National-Bank,” which makes the Oesterreichische Nationalbank (OeNB) one of the oldest central banks in the world. By being granted two exclusive rights called “patents,” namely the “bank patent” (German only) and the “financial patent” (German only), the bank was assigned the exclusive right to issue banknotes, and it was also charged with upholding the value of the new paper money.

Over the past 200 years, the OeNB’s tasks have multiplied and the institutional framework in which it operates has changed fundamentally. Maintaining price stability is still one of the main tasks of the Oesterreichische Nationalbank (OeNB), which now forms part of the Eurosystem. Today, the OeNB is, inter alia, also responsible for supplying the public with cash, ensuring the smooth processing of payment transactions, safeguarding financial stability and managing gold and foreign reserves.

Money and Life – 200 Years OeNB

Abstract of the ORF-documentation to 200 Years OeNB

Interview with Prof. Dr. Barry Eichengreen on Central Banking Policies

On the occasion of the OeNB’s 200-year anniversary ceremony: Central Bank Policies – Past Challenges and Future Perspectives, Prof. Dr. Barry Eichengreen gives a review about his speech.

Interview with Prof. Dr. Charles Goodhart on Central Banking Policies

On the occasion of the Austrian central bank’s 200-years anniversary celebrations there was a session on Central Banking Policies – Past Challenges and Future Perspectives. Prof. Dr. Charles Goodhart gives a review about his speech.