State Bank of Ventora

The  (: Banco Estatal de Ventora, BEV) is the of Ventora. It has responsibility for issuing and managing the  within the  as well as oversight of the domestic banking industry. BEV was established August 13, 1929 as a successor to the Royal Treasury.

Purpose
Established to take on roles beyond those of the Royal Treasury, the State Bank serves to ensure the stability of Ventora's monetary system and supervise banking activities within the country BEV sets the value of the standard, Ventora's currency, based on a currency band influenced by the exchange rate of several currencies.

With regard to monetary policy, BEV sets its inter-bank loan rate and manages the money supply by controlling the amounts of banknotes and coinage in circulation. As the issuer of the currency, BEV prints the banknotes and mints the coinage.

After the War of the Three Capitals in 1964, the State Bank took on the function of overseeing banking to ensure fair practices and liquidity within the banking sector of the. To facilitate this responsibility, BEV took over the ducal banks in each of the 26 duchies of Ventora as branches of the central bank. The branches also see to the operation of the scheme for inter-bank exchanges, such as check clearing and other monetary transfers.

Structure
A Board of Governors administers BEV. The regent, as, appoints each of the five governors, with concurrence of the Grand Council of State, to serve ten year, staggered terms. The longest-serving governor, presently Máximo Dário Aralavo Rendón, Count of Lellino, acts as the Chief Governor.

In addition to the headquarters in the of Plenas, BEV has 26 branch banks, one in each ducal capital, headed by a superintendent. All of the superintendents, with the five governors, comprise the Council for Economic Welfare, which serves to develop guidance for fiscal policy.

Professional staff see to the day-to-day functioning of BEV. They work in one of the divisions, each of which is overseen by one of the governors:
 * Currency
 * Banking Supervision
 * Economics, Statistics, and Research
 * Financial Stability and Regulation
 * Operations, Markets, and Payments Systems

The General Services division, under a director, houses the Secretariat, with executive offices of the governors and support for the Council for Economic Welfare. It also provides support in the form of personnel, budgeting, procurement, and record-keeping.