Central Bank of Chile

central-bank-of-chile
Brief History

Founded on 21 August 1925 under Law Decree N°. 486, 1925. Began operations on 11 January 1926. Now operates under Constitutional Organic Law of the Central Bank of Chile, Article One Law N°. 18,840, October 1989. A new statute, guaranteeing independence of the central bank, came into effect in December 1989. It has the sole right of note and coin issue.

Governor

Mario Marcel Cullell
Terms of appointment: 5 years; first term began in December 2016; appointed by the President and

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