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Bank of Central African States

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This is an old revision of this page, as edited by Ed8619 (talk | contribs) at 15:28, 20 April 2020 (The list of Governors for Beac was incorrect. After Andzembe's dismissal in 2008 he was replaced by Nchama and now Tolli). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Bank of Central African States
Banque des États de l'Afrique Centrale (BEAC) (in French)
Logo of the BEAC
Logo of the BEAC
Headquarters of the BEAC
Headquarters of the BEAC
HeadquartersYaoundé, Cameroon
Established1972
GovernorAbbas Mahamat Tolli[1]
Central bank ofEconomic and Monetary Community of Central Africa
CurrencyCentral African CFA franc
XAF (ISO 4217)
Preceded byBanque Centrale des Etats de l'Afrique Equatoriale et du Cameroun
Websitewww.beac.int
The Bank of Central African States with surrounding area.
BEAC is the central bank of the states in red.

The Bank of Central African States (French: Banque des États de l'Afrique Centrale, BEAC) is a central bank that serves six central African countries which form the Economic and Monetary Community of Central Africa:

In December 2010, a WikiLeaks memo dated July 7, 2009, said that Gabonese officials working for the Bank of Central African States stole US$36 million over a period of five years from the pooled reserves, giving much of the money to members of France's two main political parties.[2]

Governors

Philibert Andzembe of Gabon was Governor of the BEAC from July 2007 until October 2009, when he was fired by the new president of Gabon, Ali Bongo, in response to a bank scandal in which $28.3 million went missing from the bank's Paris branch. Jean Félix Mamalepot, also from Gabon, was Governor for preceding 17 years.[3]

See also

References

  1. ^ https://www.bloomberg.com/apps/news?pid=newsarchive&sid=aAI2ENyyHBrU
  2. ^ Gabon 'siphoned funds' to France Al Jazeera
  3. ^ "Le Gabonais Philibert Andzembe, nouveau gouverneur de la BEAC", Panapress (Grioo.com), July 6, 2007 (in French).
  4. ^ a b c d e "Wayback Machine". web.archive.org. February 16, 2010.


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