The Croatian National Bank (CNB) is the central bank of the Republic of Croatia, located in the capital city of Zagreb, with the main objective of maintaining price stability in Croatia. The specific functions include: issuing currency; formulating and implementing monetary and foreign exchange policy, managing foreign exchange reserves; formulating payment policy and monitoring its implementation; examining and issuing licenses for the operation of commercial banks; supervising the operation of commercial banks; granting loans and collecting reserves from commercial banks.