Central Bank of Swaziland

Mandate of the Bank

  1. To formulate and implement sound monetary policy to achieve financial stability.
  2. To regulate and supervise the financial sector to the end of achieving a sound and efficient financial system.
  3. To issue and redeem currency (notes & coins), which is legal tender in Swaziland.
  4. To hold and manage foreign exchange reserves of the country.
  5. To act as a banker, adviser and agent to the Swaziland Government on monetary and financial matters.
  6. To facilitate the development and operation of an efficient national payment system.
  7. To act as lender of last resort to financial institutions and facilitate the development of domestic financial markets.
  8. To conduct research on monetary, financial and economic matters to support monetary policy formulation.
  9. To strengthen stakeholder relationships.