The Apex Bank - Who, What and Why

The Apex Bank - Who, What and Why

The Apex Bank is the highest bank in any independent nation of the world. Most times, it is
otherwise known as the Central Bank. Although in the United States of America, it is known as the Foreign Reserve. Regardless of the name, it is called, it serves the same function.

The Apex Bank can be defined as a bank saddled with the responsibility of conducting
monetary policy, bank regulations, and preventing inflation in a country. All of these are done in an attempt to keep the economy of the nation in good shape.
New to CrestWayTrade? Open an account with us today for FREE!

Who Controls the Apex Bank?

Every Apex bank is meant to be independent to maintain accountability and avoid corruption. However, there are cases in some nations of the world where government officials exert a level of influence on the Apex Bank.
In some capitalist and socialist nations, the government views the central banks as their banks. This is typically wrong as every Apex Bank is meant to be independent. In a developed country, the Apex Bank is an independent body whereas its leadership is appointed by the government.

What is the Structure of the Apex Bank?

There are three levels in the work structure of The Apex Bank. The levels are;
● The leadership
● Board of directors
● General staff

The leadership of the Apex Bank consists of a Director and the Deputy Directors (two or more). The director and the deputy directors of any Apex Bank are appointed by the Government. The executive arm of the government carries out the appointment based on merit. Then legislative ratify and approve the appointment. Meanwhile, the board of directors consists of the directors of every commercial bank in the nation. They serve as the members of the board and work hand-in-hand with the Executive director.
The last level in The Apex Bank is the general staff in the bank. Each section of the bank is
divided into departments consisting of Heads and Associate Staff.
New to CrestWayTrade? Open an account with us today for FREE!

Why the Apex Bank?

The Apex Bank essentially is created to ensure the financial health of a nation. To achieve this, a lot of other activities are done. These activities are seen as the functions of the central banks. They are as follows;
● Monetary Policy
The Apex Bank creates monetary policies that aid economic growth through liquidity control. Some of these policies are reserve requirement, open market operation, andinterest rate decision.
● Financial Service
Apex Bank as a government bank is responsible for controlling the nation's foreign reserve. Likewise, in an attempt to control inflation, the Apex Bank regulates the exchange rate.
● Bank Regulations
Apex Bank is also known as the bank of banks. Therefore, they regulate commercial banks
and decide the reserve rate. They can also provide funds to commercial banks during low liquidity.
● Printing and Issuing of Money
The Apex Bank are responsible for printing and issuing new currencies. This action can
increase the rate of money circulation in the country.
● Government's Bank
The Apex Bank serves as the government bank in that they help in the selling of
government bonds. The Apex Bank can also lend the government money when required to.


The importance of the Apex Bank in any nations of the world can’t be overstated. Their duty ensures the stability and growth of the economy.
An Apex Bank is a major tool for influencing the economy. When their power is well wielded they can grow or crumble the economy of a nation.
Let us know what you think about the central bank of Nigeria. Do you think they are doing
their possible best in building and stabilising the economy of the country?
We will consider Basic Economics For Everyone next!
New to CrestWayTrade? Open an account with us today for FREE!


fagbohun 11 Apr '21
God bless crestwaytrade.
umoh 03 Apr '21
God is with crestway
tosyn 02 Apr '21
CRESTWAY has come to stay
gs49 02 Apr '21
shwarji1103 02 Apr '21
The Nigerian Apex bank is truly backward in terms of performance, cuz their monetary policies are sometimes to the favor of the elite group, and also d lackadaisical attitude to enforcing better policies dat may boost d economy is also a problem
erinosho 02 Apr '21
Thanks for this eductive article
rosysexy19 02 Apr '21
zohotorhilesimon3239 01 Apr '21
God knows why he created crestway because they are the best
mank 01 Apr '21
Fun facts, this stuff is real
thesecondson 01 Apr '21
Keep shining the light
toby 01 Apr '21
Nice ???????? for a
chosenboy 01 Apr '21
Invest that money in Crestway now
stevoo 01 Apr '21
Crestway trade gives you an opportunity to get ROI that will sustain why your capital invested is still generating another income for you.
necessity 01 Apr '21
Nice article
oyenike 01 Apr '21
What are the requirements for a Nigerian to own an Apex bank account?
jonathanchama 01 Apr '21
How does the Apex bank help investors??
olaknight 01 Apr '21
You are good
patricia 01 Apr '21
More strength in all
xcellent 01 Apr '21
How does the APEX bank print her currency?
aliwa 01 Apr '21
Oya oooo. Crestway all the way
debbb 01 Apr '21
Great read!In my opinion, the Central Bank of Nigeria will do better than now if corrupted personnels can be filtered out. This looks so unrealistic in our Nigeria tho but what can we do? Anyways, I believe information like this will be helpful in keeping us abrest of the financial situation of the
evedyne 01 Apr '21
Nigerian Apex bank is the worst, they will continue printing and borrowing money
oluwabryte 01 Apr '21
ajuluchukwu 01 Apr '21
Crestway surest way
johnagha 01 Apr '21
The main reason they will never scrab and sanction commercial banks dubious charges
yeatie 01 Apr '21
More strength To the CEO
kelil 01 Apr '21
Nice piece
feargod 01 Apr '21
Nice piece
jwealth 01 Apr '21
Crestway joy giver
adline 01 Apr '21
This is nice, actually my first time knowing this
adline 01 Apr '21
This is nice, actually my first time knowing this
97242835gc 01 Apr '21
Nice piece crestway sincerely the Apex bank known are CBN aren't helping the situation at all. They are getting things worst, naira has lost value in the market.
saunobele 01 Apr '21
This is good information. I can now know that the directors of commercial banks form the board of director of cbn
faitty 01 Apr '21
Good write up crestway bt to be factual it's as if we don't even have the apex bank functioning considering the level of inflation, even price control in the market.
bolurepublic 01 Apr '21
Extremely good Info.
manash17 01 Apr '21
Looking at the recent regulations the CBN lacks the value of independence and how it is affected by different regimes of government.
omolejerome 01 Apr '21
Insightful and educative piece, however the Apex bank of Nigeria herein refered to as the Central Bank of Nigeria is nothing to write home about courtesy the level of inflation.
ogundiran 01 Apr '21
Wow.. This is interesting to read..
egbuonye 01 Apr '21
Such a wonderful info.
adeyemiba 01 Apr '21
great insight into the roles of Apex banks!
oladiti 01 Apr '21
An insightful write up . Regrettably the Nigerian Apex bank is not performing those functions .
sundex 01 Apr '21
Crestway all d way. God increase this platform.
emmanuel 01 Apr '21
Insightful info
sundex 01 Apr '21
Fact but ironically reverse is the case in Nigeria. It is as if none is in existence with the level of inflation on continues rise every day occasioned by bad policies.
samsono 01 Apr '21
Well for a fact.. FBN is not an individual stand on their own cause even the government control it still. So any which way, the corruption is still in it
ogugua 01 Apr '21
Wow! Wonderful info.
rosysexy19 01 Apr '21
As well all know that Nigeria government are now above the law that they do anything that suit their pocket, so is CBN
ijebs 01 Apr '21
Sure to deliver...
smartkamzy 01 Apr '21
Crest way trade is the sure way.
pedromartine 01 Apr '21
The truth of the matter is that Nigeria is no longer on the path of Democracy... Rule of law is no longer recognized to an extent, so therefore it is affecting every other sectors and institution... And it is making the CBN not to do what they ought to do...
michael95 01 Apr '21
Nice write up
valentine1413 01 Apr '21
Crestway continue to grow
pantheon 01 Apr '21
Crestway is investing with ease.
opeyemi22 01 Apr '21
Cresyway is the ever best investment I've ever see in my life
mega 01 Apr '21
Best investment ever
ayotunde 01 Apr '21
My point of view is that our central bank is not working the way the Apex bank is working but we pray they learn from them..
kingdomnwikina 01 Apr '21
Crestwaytrade gives is proficient
parckadity 01 Apr '21
Crest way b like banga soup and starch
umoh 01 Apr '21
I love crest way trade
op3y3mi 01 Apr '21
ECN 101 today! Thumbs up!
marikanlema 01 Apr '21
Can I ever thank crestway enough? God bless you all
vychthur 01 Apr '21
God bless the CEO and his team
You must be a registered user on crestwaytrade to drop comments on our articles. Kindly login here or signup here

More Articles

Men Who Built America - Part 2 (Cornelius Vanderbilt) ...

Born 1749, Cornelius Vanderbilt is said to have accumulated ...

Read more>>
Men Who Built America - Part 1...

The popular saying 'America was not discovered, it was built...

Read more>>
Black Wall Street - A brief History...

I bet a larger percentage of people reading this are just he...

Read more>>
Who enthroned the Dollar? ...

Have you ever asked why the United States Dollar is the worl...

Read more>>
Evolution of Money - Part 2...

The previous topic discussed the definition of money and the...

Read more>>
Evolution of Money ...

The invention of money can be said to be one of the greatest...

Read more>>
What Happened To Africa's Economy - Part 8...

Over time, we have been able to establish the inadequacies i...

Read more>>
What Happened To Africa's Economy - Part 7 (Case Study of DR...

After Algeria, DR Congo is the second-largest country in Afr...

Read more>>
What Happened To Africa Economy - Part 6 (Case Study of Ugan...

The Republic Of Uganda is a country located in the East-Cent...

Read more>>
What Happened to Africa's Economy - Part 5...

South Africa is located in the south-eastern part of Africa ...

Read more>>
What Happened to Africa's Economy - Part 4 (Case Study of Ni...

If you have been following the series, we have been able to ...

Read more>>
What Happened to Africa's Economy - Part 3...

Exploring the economic situation of African countries is int...

Read more>>
What Happened to Africa's Economy - Part 2...

Africa, consisting of 54 countries, is tagged the second lar...

Read more>>
What Happened to Africa's Economy...

African is the second largest continent in the world after A...

Read more>>
Financial Intelligence - The What and Why...

You may or may not agree with us, but the problem with many ...

Read more>>
Fundamentals of Economics & How it Relate to Us...

Consciously or unconsciously you carry everyone carries out ...

Read more>>
The Apex Bank - Who, What and Why...

The Apex Bank is the highest bank in any independent nation...

Read more>>
Welcome to CrestWayTrade...

CrestWaytrade is a robust portfolio management platform that...

Read more>>
What's New With CrestWayTrade - Introducing CrestWay Juicy N...

One of the smartest investors in the world, Warren Buffett, ...

Read more>>
For technical complaints, mail us here