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Contents

   



(Top)
 


1 History  





2 Governors  





3 See also  





4 References  














National Bank of Guinea-Bissau







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From Wikipedia, the free encyclopedia
 


National Bank of Guinea-Bissau
Banco Nacional da Guiné-Bissau
National bank building in Bissau (photo taken in 2008)
HeadquartersBissau
EstablishedFebruary 1975
Central bank ofGuinea-Bissau
CurrencyGuinea-Bissau peso (GWP)
GWP (ISO 4217)
National Bank of Guinea-Bissau was converted to a national branch of Central Bank of West African States

The National Bank of Guinea-Bissau (Portuguese: Banco Nacional da Guiné-BissauorBNG) was the central bankofGuinea-Bissau from February 1975 until May 1997, when Guinea-Bissau joined the Central Bank of West African States.[1]

History

[edit]
Banco Nacional Ultramarino building in Bissau, 1920s

At independence in February 1975, Guinea-Bissau nationalized the Banco Nacional Ultramarino, Portuguese bank's branch, and transformed it into the country's central bank. The currency, Portuguese escudo, was replaced with Guinea-Bissau peso.[1] In 1990, the bank was renamed as the Central Bank of Guinea Bissau (Banco Central da Guiné-Bissau).

In May 1997 Guinea-Bissau joined the francophone West African Monetary Union Union Économique et Monétaire Ouest-Africaine (UEMOA). Consequently, National Bank of Guinea-Bissau was converted as a national branch of Central Bank of West African States (BCEAO), and national currency Guinea Bissau peso was replaced by West African CFA franc.[2][1]

Governors

[edit]

Governors of the National Bank since independence

See also

[edit]

References

[edit]
  1. ^ a b c Mendy, Peter Michael Karibe; Lobban, Richard (2013). Historical dictionary of the Republic of Guinea-Bissau (4th ed.). Lanham (Md.): Scarecrow Press. ISBN 978-0-8108-8027-6.
  • ^ "Press Information Notice: IMF Concludes Article IV Consultation with Guinea-Bissau". IMF.

  • Retrieved from "https://en.wikipedia.org/w/index.php?title=National_Bank_of_Guinea-Bissau&oldid=1192969563"

    Categories: 
    Banks of Guinea-Bissau
    Central banks
    Bissau
    1975 establishments in Guinea-Bissau
    1997 disestablishments in Guinea-Bissau
    Banks established in 1975
    Banks disestablished in 1997
    Hidden categories: 
    Articles with short description
    Short description matches Wikidata
    Articles containing Portuguese-language text
    Commons category link is locally defined
     



    This page was last edited on 1 January 2024, at 10:12 (UTC).

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