Central Bank of the Republic of Guinea

The Central Bank of the Republic of Guinea (French: Banque Centrale de la République de Guinée, BCRG; N'Ko: ߖߌ߬ߣߍ߫ ߞߊ߲ߓߍ߲ ߕߊ߲ߓߊ߲ ߜߍߓߏ߲) is the central bank of Guinea. The headquarters of the bank is located in the capital city of Conakry. The current governor is Dr Karamo Kaba.[3]

Central Bank of the Republic of Guinea
Banque Centrale de la République de Guinée
Established1 March 1960[1]
Ownership100% state ownership[2]
GovernorKaramo Kaba[3]
Central bank ofGuinea
CurrencyGuinean franc
GNF (ISO 4217)
Reserves50 million USD[2]
Websitewww.bcrg-guinee.org

History
Central bank offices in Kankan.

The bank was established on 1 March 1960.[4] Ousmane Baldé was president of the bank in the 1960s before his execution in 1971. In 1972 President Touré took over governorship of the Bank, formally attaching it to the Presidency.[4]

Governors
Name Took office Left office Notes
Moussa Diakité 1960 1963
Ousmane Baldé 1963 1964
Moussa Diakité 1964 1968
Lamine Conde ?-1969 1981-?
Kabiné Kaba 1984 ?
Aboubacar Kagbè Touré ?-1985 1985-?
Kerfalla Yansané 1986 1996 [5]
Ibrahima Chérif Bah 1996 2004
Alkaly Mohammed Daffé 2004 2007 [6]
Daouda Bangoura 2007 2009 [7]
Alhassane Barry 2009 2010 [8]
Louncény Nabé 2010 2021 [3]
Karamo Kaba 2021 [3]

Activities

The Bank is active in promoting financial inclusion policy and is a leading member of the Alliance for Financial Inclusion. It is also one of the original 17 regulatory institutions to make specific national commitments to financial inclusion under the Maya Declaration[9] during the 2011 Global Policy Forum held in Mexico.

See also

References
  1. O'Toole, Thomas (1995). Historical dictionary of Guinea. Scarecrow Press. ISBN 9780810830653.
  2. Weidner, Jan (2017). "The Organisation and Structure of Central Banks" (PDF). Katalog der Deutschen Nationalbibliothek.
  3. Bangoura, Mady (7 December 2021). "Banque Centrale : Dr Louncény Nabé limogé et remplacé Dr Karamo Kaba (Décret)". Guinéenews (in French).
  4. Thomas O'Toole, Historical Dictionary of Guinea, Scarecrow Press, 1978, p. 8-9
  5. "The Ambassador | Dr. KERFALLA YANSANÉ". guineaembassyusa.org.
  6. "Décès à Conakry de Mohamed Alkhaly Daffé, ancien gouverneur de la BCRG". February 14, 2017.
  7. "BCRG : un nouveau gouverneur – Jeune Afrique". May 27, 2007.
  8. https://amao-wama.org/wp-content/uploads/2018/05/Bul-06-2009-FR.pdf
  9. Inclusion, Alliance for Financial. "Maya Declaration Urges Financial Inclusion for World's Unbanked Populations". www.prnewswire.com. Retrieved 2017-08-17.

9.5098°N 13.7144°W / 9.5098; -13.7144

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