Bank of Central African States

(redirected from Banque des Etats de l'Afrique Centrale)

Bank of Central African States

The central bank of the Economic and Monetary Community of Central Africa. It issues the Central African CFA franc, which circulates in Cameroon, the Central African Republic, Chad, Equatorial Guinea, Gabon, and the Republic of the Congo.
References in periodicals archive ?
This follows Simstream's recent announcement of the award of a satellite network contract by the Banque des Etats de l'Afrique Centrale, connecting 25 sites across six countries.
SES is delighted to be partnering with Simstream Group and providing support for Simstream projects and clients, including the Banque des Etats de l'Afrique Centrale.
Customers that purchased Oracle Applications during Oracle's second quarter include: Allied Healthcare, Armtec Infrastructure Income Fund, Banque des Etats de l'Afrique centrale, Brunswick Corporation, CAE Inc.
In the post-colonial era, the only real example of EMU in Africa is the 'Franc Zone' where one currency - the CFA franc (pegged to the Euro) - is the sole legal tender, and where two supranational institutions, the Banque Centrale des Etats de L'Afrique de l'Ouest (BCEAO) and the Banque des Etats de L'Afrique Centrale (BEAC), are responsible for controlling the area's monetary policy (interest rates and money supply).
These include Standard Trust Bank Limited (STB), one of the five largest banks in Nigeria with 76 branches and a customer base in excess of 300,000, and Banque des Etats de l'Afrique Centrale (BEAC), which is headquartered in Cameroon and operates as the Central Bank for Cameroon, Central African Republic, Congo, Gabon, Equatorial Guinea and Chad.
10% should allow for further monetary easing by the regional central banks, the Banque Centrale des Etats de l'Afrique de l'Ouest (BCEAO) and the Banque des Etats de l'Afrique Centrale (BEAC).
Monetary policy, which is carried out at the regional level by the shared central bank the Banque des Etats de l'Afrique Centrale (BEAC), is to aim at allocating resources to the private sector that are consistent with economic growth and international reserves targets.
Monetary policy, which is carried out at the regional level, is to aim at supporting fiscal policy, with a view to countering inflationary pressures and improving the net external position of the shared central bank, the Banque des Etats de l'Afrique Centrale (BEAC).
Full browser ?