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Brief facts about central banks:

A central bank, reserve bank, national bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Many central banks also have supervisory or regulatory powers to ensure the stability of commercial banks in their jurisdiction, to prevent bank runs, and in some cases also to enforce policies on financial consumer protection and against bank fraud, money laundering, or terrorism financing. Central banks in most developed nations are usually set up to be institutionally independent from political interference, even though governments typically have governance rights over them, legislative bodies exercise scrutiny, and central banks frequently do show responsiveness to politics.

Fractional-reserve banking - Fractional-reserve banking is the system of banking in all countries worldwide, under which banks that take deposits from the public keep only part of their deposit liabilities in liquid assets as a reserve, typically lending the remainder to borrowers.

Free banking - Free banking is a monetary arrangement where banks are free to issue their own paper currency while also being subject to no special regulations beyond those applicable to most enterprises.

Full-reserve banking - Full-reserve banking is a system of banking where banks do not lend demand deposits and instead only lend from time deposits.

Bank for International Settlements - The Bank for International Settlements is an international financial institution which is owned by member central banks. Its primary goal is to foster international monetary and financial cooperation while serving as a bank for central banks.

History of central banking in the United States - This history of central banking in the United States encompasses various bank regulations, from early wildcat banking practices through the present Federal Reserve System.

Banks

Banking terms

Central banks