Since its establishment in 1818, the objective of the Nationalbank as an independent and credible institution is to issue the Danish currency, the krone, and ensure its stability.
[4] Danmarks Nationalbank undertakes all functions related to the management of the Danish central-government debt.
The National Bank established a network of branches in Denmark's principal cities, but phased them out in the second half of the 20th century as they were no longer needed due to evolving practices and technologies.
[6] The printing of banknotes was then outsourced due to a reduced demand for cash,[7] and cut in expenses of 100 million kroner until 2020.
[5]: 16 The new building replaced an earlier neo-Renaissance structure, inspired by the Palazzo Strozzi in Florence and designed for the National Bank by Johan Daniel Herholdt, which had been erected in 1866-1870.