Which is not an issue except for the fact that 50% of the NBB/NNB is privately owned.
I think aside from the Swiss central bank they are the only one to be structured that way.
And whilst the Swiss still have monetary authority, the NBB is forced to implement the ECB’s decisions so at a certain point the public and private role will conflict.
Wouldn’t put it against the government to recapitalise the bank and squeeze out private shareholders at some point.
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Loss at what? Padel?
Which is not an issue except for the fact that 50% of the NBB/NNB is privately owned.
I think aside from the Swiss central bank they are the only one to be structured that way.
And whilst the Swiss still have monetary authority, the NBB is forced to implement the ECB’s decisions so at a certain point the public and private role will conflict.
Wouldn’t put it against the government to recapitalise the bank and squeeze out private shareholders at some point.