Central Bank of the Republic of Guinea

Central Bank of the Republic of Guinea
Banque Centrale de la République de Guinée
Established	1 March 1960
Ownership	100% state ownership
Governor	Karamo Kaba
Central bank of	Guinea
Currency	Guinean franc; GNF (ISO 4217)
Reserves	50 million USD
Website	www.bcrg-guinee.org

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]

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.^{[citation needed]}

References

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

External links

(in French) Central Bank of the Republic of Guinea home page

9°30′35″N 13°42′52″W / 9.5098°N 13.7144°W / 9.5098; -13.7144

[histdict-1] O'Toole, Thomas (1995). Historical dictionary of Guinea. Scarecrow Press. ISBN 9780810830653.

[dnbinfo-2] Weidner, Jan (2017). "The Organisation and Structure of Central Banks" (PDF). Katalog der Deutschen Nationalbibliothek.

[nabekaba-3] Bangoura, Mady (7 December 2021). "Banque Centrale : Dr Louncény Nabé limogé et remplacé Dr Karamo Kaba (Décret)". Guinéenews (in French).

[OToole-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] ttps://amao-wama.org/wp-content/uploads/2018/05/Bul-06-2009-FR.pdf ^{[bare URL PDF]}

[9] Inclusion, Alliance for Financial. "Maya Declaration Urges Financial Inclusion for World's Unbanked Populations". www.prnewswire.com. Retrieved 2017-08-17.

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