The CNB is the central bank of the Czech Republic, the supervisor of the Czech financial market and the Czech resolution authority. It is established under the Constitution of the Czech Republic and carries out its activities in compliance with Act No. 6/1993 Coll., on the Czech National Bank, as amended.

The Czech National Bank endeavours to keep inflation low, stable and therefore predictable. It achieves its inflation target of 2% by setting interest rates and other monetary policy instruments. The Bank Board decides about them on the basis of a macroeconomic forecast and an assessment of its risks and uncertainties.

The CNB sets macroprudential policy by identifying, monitoring and assessing risks to the stability of the financial system and, in order to prevent or mitigate these risks, contributes by means of its powers to the resilience of the financial system and the maintenance of financial stability.

The CNB is the supervisory authority for the financial market in the Czech Republic. It lays down rules safeguarding the stability of the banking sector, the capital market, the insurance industry and the pension scheme industry.  It regulates, supervises and, where appropriate, issues penalties for non-compliance with these rules.

The CNB is the exclusive issuer of Czech banknotes and coins. Circulating banknotes and coins are intended for cash payments. Commemorative banknotes and coins are intended for collection and investment purposes and the CNB sells them through its contractual partners at prices different from their nominal values.

The CNB contributes to preparing draft legislation in the area of payments and clearing between banks, foreign bank branches and credit unions. It promotes smooth and efficient payments and contributes to the safety, soundness, efficiency and development of payment systems.

The CNB declares the exchange rate of the Czech koruna against other currencies in the form of foreign exchange market rates and in the form of exchange rates of other currencies. This section contains information about the foreign exchange market, the money market and the Treasury securities market, including regulations relating to the financial market in the Czech Republic.

The CNB is the resolution authority for banks, credit unions and certain investment firms in the Czech Republic. Resolution means the restructuring of an institution to ensure the continuity of its critical functions, minimise the impacts on the economy and the financial system and restore the viability of all or part of that institution.