The Palace of the Republic (Serbian: Палата Републике, Palata Republike) is the official residence of the President of Republika Srpska.

It is located in the Center of Banja Luka alongside the famous "Gospodska" street near the Cathedral of Christ the Saviour, Banski Dvor and City Assembly building.

After the rule of ban Svetislav Milosavljević, Banja Luka was a partially modernized city in Vrbas Banovina and Kingdom of Yugoslavia.

The State Mortgage Bank of Yugoslavia decided to open one building in a relatively undeveloped region of country so it could get more trust in people and secure its capital, which was big at that time.

In the beginning of June 1936 first stonemasons come to Banja Luka to finish facade of the building putting heavy carved stones brought from Macedonia.

On opening of the building was present also that-time minister of finance Dušan Letica in the government of Milan Stojadinović.

As it was a tradition, which we haven't renounced till today, there was a lot of speakers and present people cheered to the young king, House of Karađorđević, royal regents, prime minister Stojadinović...

In the 1960s there was a branch of the State Bookkeeping Service (Služba državnog knjigovodstva, abbreviated SDK) which stayed until the War in Bosnia and Herzegovina.

Today is one of the most secured buildings in Banja Luka by the units of the Administration for protecting persons and objects of the Police of Republika Srpska.