Articles by Central Banking staff
Roughly 40% of central banks lack a monetary policy committee
Governing boards remain widely responsible for setting overall strategy
Central Banking Awards 2026: the winners in full
Awards recognise extraordinary achievements in another challenging year for central banks
Lifetime achievement award: Mervyn King
The former BoE governor helped restore UK monetary policy credibility, played a central role during the global financial crisis, and has made significant contributions towards better bank oversight and economics
One in six central banks is being recapitalised
Process is ‘not as smooth as we would want it to be’, benchmark respondent says
Governors of smaller central banks earn slightly below global average
But governors’ salaries remain above $200,000 a year
Digital currency initiative: eCurrency
eCurrency translates cultural context into CBDC design, informed by global experience
Financial market infrastructure – retail: ACI Worldwide
The payments company’s digital central infrastructure has played a key role in Colombia’s Bre-B roll-out as well as elsewhere
Currency manager: Central Bank of Curaçao and Sint Maarten
The central bank overcame a nine-year hiatus to launch the Caribbean guilder
Financial services: Citi
The US bank has striven to provide clients with high-level advice as well as service breadth, technical expertise and execution
Digital transformation award: Bank of Mexico
Banxico has replaced critical systems with ‘living’, adaptive, decentralised architecture
European governors serve longest average term length
Central bank governors rarely appointed for one term or 3+ terms
One-fifth of central banks say governing laws are inappropriate
Government still sets salaries at one-tenth of jurisdictions
Payments and market infrastructure development – wholesale: National Bank of Ethiopia
The East African central bank has implemented a major overhaul of Ethiopia’s core financial infrastructure