Central Bank of The Gambia

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Central Bank of The Gambia
Gambia Banjul 0002.jpg
HeadquartersNo. 1/2 Ecowas Avenue, Banjul, The Gambia
Established1971
Ownership100% state ownership[1]
Governor
Central bank of Gambia
CurrencyGambian dalasi
GMD (ISO 4217)
Websitehttps://www.cbg.gm/

The Central Bank of The Gambia is the central bank of The Gambia. Its name is abbreviated to CBG. The bank is located in Banjul and was established in 1971.[2] is the current Governor.

Operations[]

As a central bank, CBG is responsible for providing banking services to the Gambian government, for managing interest rates and foreign exchange, for interacting with Gambian industries, for supporting microfinance, and for managing the value of the dalasi, which is The Gambia's currency. [1] The bank is responsible for managing the sale of Gambian bonds and treasury bills on the international securities market. The bank is involved in economic research in regard to the future of Gambia and West Africa.

The CBG is working with GIPFZA, the , in the creation of a 1.6 square kilometre business and industrial park near Banjul International Airport.

The CBG is the only institution in The Gambia that is permitted to issue the Gambian dalasi.

Governors of the Central Bank of The Gambia[]

  • , Mar 1971 - Nov 1972[3]
  • , Dec 1972 - Apr 1982[3]
  • , May 1982 - Feb 1988[3]
  • , ? - 1991 - ?[4]
  •  ? - 1994
  • , 1994 - 2003[5]
  • Famara Jatta, 2003 - 2007
  • , 2007 - 2010
  • , 2010 - 2017
  • , 2017 - 2020
  • - since 1 October 2020

See also[]

References[]

  1. ^ https://d-nb.info/1138787981/34
  2. ^ "History of CBG". Archived from the original on 17 August 2012. Retrieved 30 August 2012.
  3. ^ Jump up to: a b c Central Banking Directory. Central Banking Publications. 18 April 1993. ISBN 9780951790311 – via Google Books.
  4. ^ https://babel.hathitrust.org/cgi/pt?id=uc1.c110545539
  5. ^ https://babel.hathitrust.org/cgi/pt?id=msu.31293015234093

External links[]


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