Core tasks
The OeNB helps maintain price stability and financial stability, a reliable cash supply and secure payment systems. Our experts analyse economic developments, manage reserve assets and contribute to the monetary policy decisions of the Eurosystem.
Monetary policy
We contribute to price stability and well-functioning money and credit markets in Austria. As part of the Eurosystem, we help shape stability-oriented monetary policy, provide liquidity to Austrian banks and manage reserve assets. Maintaining price stability is our primary mandate.
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Financial stability
We supervise banks and contribute to a stable financial market in Austria. This is important to ensure that savings are protected, banks remain a reliable source of credit and economic decisions can be made with confidence. A stable financial market is key for sustainable growth.
Cash services
We ensure that cash is available wherever it is needed throughout Austria. We supply banks, businesses and the public with euro banknotes and regularly check them for quality and authenticity. This helps ensure confidence in cash as a secure means of payment.
Digital euro
We are committed to bringing the benefits of cash into the digital world. Together with the ECB and several national central banks, we are helping to develop the digital euro. The digital euro will complement cash, enable further innovation in digital payments and strengthen the independence and resilience of Europe’s payment infrastructure.
Payments
We ensure that transfers and cashless payments are safe, efficient and reliable in Austria. By providing key infrastructure and promoting innovation, we make sure that people in Austria have access to fast, reliable and secure payment services – now and in the future.
Data and analysis
One of our core tasks is to make financial and economic data accessible and easy to use. That is why we produce top-quality and up-to-date financial statistics, analyses and forecasts that support informed decision-making. We devote particular attention to the Austrian economy, making it possible to react to developments in a timely manner.
