Bank of Central African States
| |||
Headquarters | Yaoundé, Cameroon | ||
---|---|---|---|
Established | 1972 | ||
Governor | Abbas Mahamat Tolli[1] | ||
Central bank of | Economic and Monetary Community of Central Africa | ||
Currency | Central African CFA franc XAF (ISO 4217) | ||
Reserves | 9 790 million USD[2] | ||
Preceded by | |||
Website | www.beac.int |
The Bank of Central African States (French: Banque des États de l'Afrique Centrale, BEAC) is a central bank that serves six central African countries which form the Economic and Monetary Community of Central Africa:
- Cameroon
- Central African Republic
- Chad
- Equatorial Guinea
- Gabon
- Republic of the Congo
In December 2010, a WikiLeaks memo dated June 3, 2005, said that Gabonese officials working for the Bank of Central African States stole US$36 million over a period of five years from the pooled reserves, giving much of the money to members of France's two main political parties.[3]
Governors[]
of Gabon was from July 2007 until October 2009, when he was fired by the new president of Gabon, Ali Bongo, in response to a bank scandal in which $28.3 million went missing from the bank's Paris branch. Jean Félix Mamalepot, also from Gabon, was Governor for preceding 17 years.[4]
- (1973 - 1978) [5]
- Casimir Oyé-Mba (1978 - 1990) [5]
- Jean-Félix Mamalepot (1990 - April 2007) [5]
- (July 2007- June 2008) [5]
- Lucas Abaga Nchama (2008- 2017)
- (2017 - to date) [5]
See also[]
- Banque Centrale des États de l'Afrique de l'Ouest (BCEAO)
- Central banks and currencies of Africa
- CFA Franc
- Central African CFA franc
- Economy of Africa
- Economy of the Central African Republic
- Economy of Cameroon
- Economy of Chad
- Economy of the Republic of the Congo
- Economy of Equatorial Guinea
- Economy of Gabon
References[]
- ^ https://www.bloomberg.com/apps/news?pid=newsarchive&sid=aAI2ENyyHBrU
- ^ https://d-nb.info/1138787981/34
- ^ Gabon 'siphoned funds' to France Al Jazeera
- ^ "Le Gabonais Philibert Andzembe, nouveau gouverneur de la BEAC", Panapress (Grioo.com), July 6, 2007 (in French).
- ^ Jump up to: a b c d e . February 16, 2010 https://web.archive.org/web/20100216125838/http://www.beac.int/histbeac.htm. Archived from the original on February 16, 2010. Missing or empty
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External links[]
- Central banks
- Economy of the Central African Republic
- Economy of Cameroon
- Economy of Chad
- Economy of the Republic of the Congo
- Economy of Equatorial Guinea
- Economy of Gabon
- Banks of the Central African Republic
- Banks of Cameroon
- Banks of Chad
- Banks of the Republic of the Congo
- Banks of Equatorial Guinea
- Banks of Gabon
- Banks established in 1972
- Cameroon–Central African Republic relations
- Central African Republic–Chad relations
- Cameroon–Chad relations
- Cameroon–Equatorial Guinea relations
- Central African Republic–Republic of the Congo relations
- Cameroon–Gabon relations
- Cameroon–Republic of the Congo relations
- African bank stubs