Central Bank of West African States
Supranational central Bank in Africa / From Wikipedia, the free encyclopedia
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The Central Bank of West African States (French: Banque Centrale des États de l'Afrique de l'Ouest, BCEAO) is a central bank serving the eight west African countries which share the common West African CFA franc currency and comprise the West African Economic and Monetary Union.
Quick Facts Headquarters, Established ...
Headquarters | Dakar, Senegal |
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Established | 1959 |
Governor | Jean-Claude Brou |
Central bank of | West African Economic and Monetary Union |
Currency | West African CFA franc XOF (ISO 4217) |
Reserves | 9 820 million USD[1] |
Preceded by | Banque de l'Afrique Occidentale (1901-1955) Institut d'Émission de l'Afrique Occidentale Française et du Togo (1955-1959) |
Website | www.bceao.int |
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The BCEAO is active in developing financial inclusion policy and is a member of the Alliance for Financial Inclusion.[2]