The Bank of Belgium, officially known as the National Bank of Belgium (NBB), is the central bank of Belgium. Established in 1850, it plays a crucial role in the country's economy by managing monetary policy, issuing currency, and overseeing financial stability. The NBB is also responsible for regulating the banking sector and ensuring the smooth functioning of payment systems. As a member of the European System of Central Banks, the Bank of Belgium contributes to the formulation of monetary policy for the Eurozone. It works closely with other central banks in Europe to maintain price stability and support economic growth across member countries.