The official name of the building is Palace of the Ministry of Finance of the Kingdom of Yugoslavia (Serbian: Палата Министарства финансија Краљевине Југославије, romanized: Palata Ministarstva finansija Kraljevine Jugoslavije) as it was originally used by the Ministry of Finance of the Kingdom of Yugoslavia and is registered by that name in the Registry of Cultural Properties.

The building is designed by the Russian architect Nikolay Krasnov, the most important representative of the academic historicism in the Serbian interwar architecture.

The exquisite artistry of the facades reflects in the richness of the decorative architectural plastic, a number of details, studied ratio between the masses.

The dynamic facades, designed in the style of аcademism, have massive pilasters, between the first and the second floor windows.

The most luxurious is the corner part of the building, where the vertical effect is underlined by the dome with the bronze sculpture on its top – the personification of Mother Serbia).