Open since June 5th, 3982, it was formally solidified as a legal economic entity by the Crown on 22th of January, 4018 upon the formal transference of funds from the dissolved Imperial Ministry of Finance. On the 6th of September, 4035, the Assembly certified it as a legal bank within Barmenia. It was certified as a public retail bank on the 14th of May, 4083.
The Bank is a semi-public entity, controlled by a government appointed board of directors and chairman. It is governed by Barmenian banking regulations, and allows for foreign retail and investment accounting opportunities.