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The story
By the decree of the Council of People's Commissars of the BSSR of December 3, 1921, the Byelorussian office of the State Bank of the RSFSR was established under the People's Commissariat of Finance of the Byelorussian SSR. The office began its activity on January 3, 1922. A year later, immediately after the establishment of the State Bank of the USSR, the bank became part of the banking system of the USSR. The bank was reorganized in 1959 and 1987.
The history of the independent existence of the banking system of Belarus and the National Bank began with the country's acquisition of sovereignty after the collapse of the Soviet Union. In December 1990, the BSSR adopted the Laws "On Banks and Banking Activities in the Byelorussian SSR", which entered into force on January 1, 1991. All bank institutions on the territory of Belarus were declared its property, and the National Bank was created on the basis of the Belarusian Republican Bank of the State Bank of the USSR. On April 1, 1991, the formation of the National Bank was completed. In 2008 the National Bank created the Unified Settlement Information Space.
In April 2023, the National Bank of Belarus was added to the sanctions list of Canada.
From Wikipedia’s article on National Bank of the Republic of Belarus, shared under CC BY-SA 4.0.5