Commonwealth Reserve Launches in Greece with Official Mandate as a Decentralised Central Bank

Athens, Greece - May 21, 2025 - The Commonwealth Reserve System, part of the Decentralised Commonwealth Banking Institution, with an existing presense in the United States and other regions, has expanded to the European Union and formally launched operations in Greece as a Private Capital Company with official authorization to provide Central Banking Services under classification code C.A.D. 64.11.10.

Led by HSH Michail Roerich-Kolpidis, the Commonwealth Reserve System, a full-reserve decentralised retail banking system of Commonwealth Banking, becomes one of the first decentralized central banks formally recognized within the European Union framework, leveraging secure digital infrastructure, international partnerships, and sovereign financial principles.

The company's core areas of activity include:
- Decentralised Central Banking Services
- Development of IT systems, networks, and applications
- Research and innovation in computer and information sciences
- Software systems integration, support, and distribution
- Acquisition, participation, and partnership with entities worldwide
- Representation of foreign and domestic enterprises
- Establishment of branches, agencies, and joint ventures globally
- Participation in government tenders and direct state assignments
- Governmental advisory and commercial representation services

"Our recognition by Greece as a central banking entity marks a turning point for the future of sovereign finance," said HSH Michail Sergios Roerich-Kolpidis, Founding Head of Commonwealth Reserve. "As a decentralised central bank, we bring together the flexibility of private innovation with the trust and structure of public financial systems."

This move signals a strategic commitment to building financial resilience, technological sovereignty, and global interoperability-starting from Greece and expanding across Europe, the Commonwealth, and aligned jurisdictions.

Commonwealth Reserve
Agiou Konstantinou 59-61
Athens, Greece GR-15124

For Media Inquiries or Partnership Opportunities:
Maria Venizelou, maria.venizelou[@]roerich.gr

About Bank of Commonwealth (BOC)

The Bank of Commonwealth (BOC) serves as the Central Bank for the Union State of British Commonwealth, overseeing financial regulations, monetary policy, and economic development. With a strong financial foundation and strategic global partnerships, BOC provides comprehensive banking solutions across multiple sectors, reinforcing its position as a trusted global financial leader.

This release was published on openPR.