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Cooperation Nbb

Can Belgium's central bank modernize its partner ecosystem and cooperative programs with embedded financial services while maintaining its core mandate of financial stability and oversight?

Founded1850
HQBrussels, Belgium
IndustryBank / National
The story

The National Bank of Belgium (NBB) is Belgium's central bank and a member of the European System of Central Banks (ESCB). It fulfills classic central banking functions including monetary policy implementation, financial supervision, payment system oversight, and statistical reporting. Over time NBB has expanded its supervisory perimeter to include oversight of payment processors, AML/CFT compliance functions, and operation of credit registers. Its 'Cooperation Nbb' designation appears to refer to its partner/collaboration program, under which it has engaged embedded insurance vendor hepster.

Last 12 months
Product timeline
1850
National Bank of Belgium established by Royal Decree as Belgium's central bank.· banking
1998
NBB reorganized under the Act of 22 February 1998, formalizing its tasks and organisation within the European System of Central Banks (ESCB).· pivot
2016
NBB became responsible for operating the Central Point of Contact (CPC) for accounts and financial contracts under Belgian law.· banking
2018
NBB adopted the AnaCredit Corporate Credit Register (CCR) regulation, collecting granular credit and credit risk data per ECB Regulation 2016/867.· banking
Regulated entities
National Bank Charter
Belgium / EU · 1850
National Bank of Belgium (Nationale Bank van België / Banque Nationale de Belgique)
The stack
Insurance
hepster
Accounting gap: none