Annual Report 2010 03 August 2011 - Banka Qendrore e ...
Annual Report 2010 03 August 2011 - Banka Qendrore e ...
Annual Report 2010 03 August 2011 - Banka Qendrore e ...
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
<strong>Annual</strong> <strong>Report</strong> <strong>2010</strong><br />
CBK<br />
5. Services provided to the Authorities, to the Financial Community and to the<br />
Public<br />
The Central Bank of the Republic of Kosovo (CBK) provides the basic services which are to<br />
be offered by a central bank to the state institutions, financial institutions and wide public.<br />
In general these services have to do with cash flow, account transactions, managing the<br />
financial means, interbank payment system, credit registration as well as economic<br />
statistics and analysis.<br />
5.1. Operations and Cash Management<br />
As of its establishment, CBK was vested the authority to provide proper supply of<br />
banknotes and coins to the domestic economy, for execution of cash transactions. Since<br />
Euro is a currency that is being used in Kosovo, the CBK responsibilities with respect to<br />
operations and cash management are related to Euro in first place.<br />
Figure 48. Cash supply (amount), in millions<br />
of euro<br />
Figure 49. Cash admission (amount), in<br />
millions of euro<br />
250<br />
200<br />
150<br />
206<br />
146<br />
162<br />
139<br />
190<br />
225<br />
700<br />
600<br />
500<br />
400<br />
449 441<br />
533 524<br />
601<br />
649<br />
100<br />
300<br />
200<br />
50<br />
100<br />
-<br />
2005 2006 2007 2008 2009 <strong>2010</strong><br />
-<br />
2005 2006 2007 2008 2009 <strong>2010</strong><br />
Source: CBK (<strong>2011</strong>)<br />
Source: CBK (<strong>2011</strong>)<br />
Regarding general amount, cash supply during <strong>2010</strong>, had an increase 18.4 percent<br />
compared to 2009, whereas the structure of the cash supply in accordance to<br />
denominations, that is determined by the requirements of banking sector in first place, did<br />
not have any evident change from year 2009 to year <strong>2010</strong>. As to the euro banknotes, low<br />
denominations (5, 10, 20 and 50 euro) kept dominating, while higher denomination volumes<br />
of 200 and 500 euro remain evidently lower. As to the euro coins, supply is mainly<br />
dominated by the coins with medium value from 5 eurocent to 50 eurocent, while lower<br />
denominations than the two previous ones recorded a considerable growth compared to<br />
2009.<br />
Figure 50. Supply with euro banknotes by<br />
denominations (number of pieces)<br />
Figure 51. Supply with euro coins by<br />
denominations (number of pieces)<br />
30,000<br />
18,000<br />
1,000<br />
2,000<br />
299,000<br />
319,000<br />
1,663,000<br />
2,273,000<br />
1,901,000<br />
2,207,000<br />
1,822,000<br />
2,086,000<br />
1,059,000<br />
1,140,000<br />
67,000<br />
117,000<br />
109,000<br />
178,000<br />
164,000<br />
227,000<br />
284,000<br />
314,000<br />
292,000<br />
365,000<br />
3,000<br />
178,000<br />
2,000<br />
68,000<br />
0<br />
69,000<br />
500 euro 200 euro 100 euro 50 euro 20 euro 10 euro 5 euro<br />
2009 <strong>2010</strong><br />
Source: CBK (<strong>2011</strong>)<br />
2 euro 1 euro 50 cent 20 cent 10 cent 5 cent 2 cent 1 cent<br />
2009 <strong>2010</strong><br />
Source: CBK (<strong>2011</strong>)<br />
72 |