The bank doesn't use the name Austrian National Bank in English, it uses its German name Oesterreichische Nationalbank in its English communications. The Austrian National Bank started operations on 1 January 1923 as central bank of the newly formed First Austrian Republic, under the economic assistance provided to Austria by the Economic and Financial Organization of the League of Nations. It thus succeeded the Austro-Hungarian Bank on Austrian territory, with its name recalling that of the Austro-Hungarian Bank's predecessor entity founded in 1816. It was liquidated following the Anschluss in March 1938, and re-established in July 1945. From 1923 to 1938 and again from 1945 to 1998, it issued the Austrian schilling. More information...
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