Banque centrale des Etats de l'Afrique de l'Ouest (BCEAO)

Central Bank of the West African States

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Contact Details

URL: http://www.bceao.int/

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Founded

1962-11-01

History

1 Nov 1962, on coming into force of a Convention signed 12 May 1962, replacing the Institut d'émission de l'AOF et du Togo, set up 1955, Paris (France). Currently governed by Treaty signed 14 Nov 1973, Paris, and entered into force 11 Oct 1974, setting up H-XD3426 - Union monétaire Ouest africaine (UMOA) - now subsumed in F-XF3713 - Union économique et monétaire Ouest africaine (UEMOA) - to which BCEAO statutes are annexed. The Treaty also formed agreement with government of France. Since the establishment of UEMOA, 1 Aug 1994, the Bank is common Issuing Institute of all UEMOA member states. Comes within the framework of F-XF0749 - Communauté financière africaine (CFA), all member countries being part of F-XF3711 - Pays africains de la Zone franc (PAZF) and having the common currency 'CFA Franc'. The Bank is unofficially referred to by English initials CBWAS.

Aims

Act as issuing institute for member states of WAMU, managing their common unit of currency, the CFA franc, and the monetary, banking and financial system; organize and monitor distribution of credit; provide professional training in banking and finance.

Events

1 past events available with paid subscription only.

Activities

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Structure

Management: Governor; 2 Deputy Governors; Secretary General; 2 Special Advisors to the Governor, 2 Advisors to the Governor and Assistant to the Governor. General Control Office. Departments (5): General Administration and Training; Issuance, Accounting and Finance; Economic Studies and Money; Projects and Missions; Security and Legal Affairs. Secretariat General. BCEAO representation to European cooperation institutions. BCEAO representation to WAEMU Commission. National Directorates (8).

Languages

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Relations with Inter-Governmental Organizations

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Relations with Non-Governmental Organizations

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Publications

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Members

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Type I Classification

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Type II Classification

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Subjects *

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UN Sustainable Development Goals **

GOAL 8: Decent Work and Economic GrowthGOAL 10: Reduced InequalityGOAL 16: Peace and Justice Strong Institutions

UIA Org ID

XF4541

Last News

2009

* Subject classification is derived from the organization names and aims.
** UN SDGs are linked to the subject classification.

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