509:
59:
47:
494:
470:
2212:
932:
482:
155:
463:, the BEAC took over the former building of the Bank of Equatorial Guinea in July 1985. The BEAC's current head office tower in Yaoundé was inaugurated in 1988. In Paris, the BEAC was located on 29, rue du Colisée, together with the BCEAO, until it moved its representative office to another location in 2007.
323:
signed
Financial Cooperation Conventions between themselves and with France that formed the basis for their continued use of the CFA Franc, rebranded as standing for "Coopération Financière en Afrique" instead of "Communauté française d'Afrique". Under these agreements, the BEAC was established to
296:
303:(BCEAEC) after it became clear that the colonies would soon become independent nations. The BCEAEC, headquartered in Paris, acted as the new countries' joint central bank throughout the 1960s and early 1970s, similarly as its sister entity the
594:
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. In December 2010, a
300:
2358:
435:). The MPC consists of the Governor, two representatives of the French Government, and two representatives from each of the six CEMAC member states, one of which is the BEAC National Director for the country.
1547:
1115:
2338:
1879:
612:
2368:
1110:
508:
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658:
1206:
469:
2353:
828:
187:
102:
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2303:
1642:
345:
On 1990-10-16, following similar reform pioneered by the BCEAO earlier the same year, the member states decided to pool their banking supervision and created the
1377:
2288:
1163:
1173:
1158:
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1997:
324:
succeed the BCEAEC and manage the joint currency, with a convertibility guarantee provided by the French
Treasury. On 1973-02-01, the member states met in
136:
2249:
1705:
1731:
1668:
1130:
865:
332:. The BEAC held its first board meeting on 1973-03-13 and started operations on 1973-04-02. The full transfer of head office activity from Paris to
2193:
1475:
975:
2014:
1944:
1741:
1307:
1199:
1168:
1153:
1003:
633:
279:
2363:
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1120:
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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.
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1537:
705:
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2049:
1232:
617:
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1470:
998:
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2008:
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1125:
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274:
1873:
1621:
847:
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2138:
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1626:
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2100:
2002:
1029:
2024:
1726:
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1663:
1658:
1605:
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1034:
493:
2373:
2080:
1972:
1648:
1611:
1574:
1563:
1532:
1262:
1100:
968:
2308:
1982:
1858:
1843:
1721:
1673:
1404:
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1977:
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292:
195:
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The buildings of the
National Directorates typically dominate the local skyline, respectively inaugurated in
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1914:
1885:
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1811:
1806:
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2128:
1900:
1827:
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1527:
1337:
961:
554:
2133:
2090:
1967:
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17:
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1992:
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dated 3 June 2005, said that
Gabonese officials working for the Bank of Central African States stole
788:
659:"Le Centrafricain Yvon Sana Bangui, nouveau gouverneur de la Banque des États de l'Afrique centrale"
356:
The BEAC's statutes were revised in late 1999, and again in 2010, to grant it greater independence.
1939:
1771:
1761:
1455:
1409:
1024:
1616:
1398:
1357:
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829:"La BEAC : Un organisme de conception et de gestion de la politique monétaire dans la CEMAC"
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2019:
1934:
1890:
1838:
1589:
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372:) in the capital or largest city of each of the member states. The BEAC also has branches in
1924:
1653:
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1419:
1247:
1105:
567:
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Building at 29, rue du Colisée in Paris, seat of the BCEAEC then BEAC in the 1960s and 1970s
353:
in the region, paving the way for the effective establishment of the COBAC in
January 1993.
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2034:
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1711:
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349:(COBAC) for that purpose within the BEAC. On 1992-01-17, a follow-up agreement harmonized
167:
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In 1955, the French government transferred the CCFOM's monetary role in the colonies of
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2148:
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1987:
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1801:
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1434:
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1070:
183:
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1929:
1821:
1542:
1522:
1302:
1065:
1039:
2211:
984:
937:
397:
252:
236:
179:
456:
427:). Its highest monetary policy making body is the Monetary Policy Committee (MPC,
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72:
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284:(CCFOM) in 1944. The region's currency was standardized in late 1945 as the
1184:
227:
In 1920, the French government expanded the note-issuance privilege of the
154:
329:
248:
191:
117:
76:
1906:
389:
891:"L'INSTITUT D'ÉMISSION DE L'AFRIQUE CENTRALE À TRAVERS LE XXE SIECLE"
806:
Sylviane
Guillaumont Jeanneney & Patrick Guillaumont (May 2017),
460:
444:
393:
377:
297:
Institut d'Émission de l'Afrique Équatoriale Française et du
Cameroun
270:
898:
742:"Banque centrale des Ă©tats de l'Afrique Ă©quatoriale et du Cameroun"
677:
591:
515:
304:
273:
in
December 1941 to manage the regional currency, and was renamed
240:
207:
153:
301:
Banque
Centrale des États de l'Afrique Équatoriale et du Cameroun
137:
Banque Centrale des Etats de l'Afrique Equatoriale et du Cameroun
953:
409:
244:
199:
1188:
957:
600:
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Christian Joudiou, a French national, was the General Manager (
364:
The BEAC has main branches known as National Directorates (
1116:
International Centre for Settlement of Investment Disputes
419:
As of 2019, the BEAC is governed by a Board of Directors (
342:
joined the currency arrangement and BEAC on 1985-01-01.
2359:
Central African Republic–Republic of the Congo relations
2223:
949:
Official site of Banque des Etats de l'Afrique Centrale
948:
613:
Central African Financial Market Supervisory Commission
706:"Histoire de l'Emission Monétaire en Afrique Centrale"
146:
1111:
International Bank for Reconstruction and Development
2114:
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1958:
1692:
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1141:
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142:
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90:
82:
68:
2218:This African bank or banking-related article is a
678:"The Organisation and Structure of Central Banks"
188:Economic and Monetary Community of Central Africa
103:Economic and Monetary Community of Central Africa
885:
883:
881:
879:
771:"1972–2012 : 40 ans d'histoire de la BEAC"
2192:(dependent) territories, former countries, or
866:"Records of the Office of the Chief Economist"
789:"La Commission Bancaire de l'Afrique Centrale"
319:On 1972-11-22, the five countries gathered in
158:BEAC is the central bank of the states in red.
35:Banque des États de l'Afrique Centrale (BEAC)
2243:
1200:
1164:Central banks and currencies of the Caribbean
969:
328:and decided to locate the new institution in
8:
1174:Central banks and currencies of the Americas
1159:Central banks and currencies of Asia-Pacific
264:
32:
2339:Cameroon–Central African Republic relations
2250:
2236:
1207:
1193:
1185:
976:
962:
954:
700:
698:
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694:
57:
45:
31:
2369:Cameroon–Republic of the Congo relations
1131:Multilateral Investment Guarantee Agency
808:"Quel avenir pour les francs CFA ?"
685:Katalog der Deutschen Nationalbibliothek
275:Caisse centrale de la France d'outre-mer
251:. This arrangement was disrupted during
2344:Central African Republic–Chad relations
2274:Economy of the Central African Republic
848:"Two Banks Shaping the African Skyline"
765:
763:
761:
759:
757:
755:
650:
465:
1169:Central banks and currencies of Europe
1154:Central banks and currencies of Africa
1004:Basel Committee on Banking Supervision
895:Banque des États de l'Afrique Centrale
634:Central banks and currencies of Africa
538:Philibert Andzembe (2007 – June 2010)
172:Banque des États de l'Afrique Centrale
18:Central Bank of Central African States
2304:Banks of the Central African Republic
1121:International Development Association
7:
2354:Cameroon–Equatorial Guinea relations
2289:Economy of the Republic of the Congo
2208:
2206:
724:"Caisse centrale de la France libre"
27:Supeanational central bank in Africa
618:Central Bank of West African States
535:Jean-Félix Mamalepot (1990 – 2007)
231:to its central African colonies of
2319:Banks of the Republic of the Congo
999:Bank for International Settlements
347:Central African Banking Commission
266:Caisse Centrale de la France Libre
25:
1126:International Finance Corporation
582:) of the BEAC from 1973 to 1978.
514:48, avenue Raymond-Poincaré, the
2210:
930:
912:Gabon 'siphoned funds' to France
746:Bibliothèque nationale de France
728:Bibliothèque nationale de France
507:
492:
480:
468:
299:, which in 1959 was renamed the
255:, as the colonies controlled by
67:
2194:states with limited recognition
229:Banque de l'Afrique Occidentale
1030:Contractionary monetary policy
897:. 25 June 2008. Archived from
164:Bank of Central African States
33:Bank of Central African States
1:
846:René Boer (10 January 2014).
433:Comité de politique monétaire
336:was completed in early 1977.
315:Establishment and development
2294:Economy of Equatorial Guinea
2222:. You can help Knowledge by
1035:Expansionary monetary policy
1101:International Monetary Fund
360:Organization and governance
307:for the former colonies of
2390:
2324:Banks of Equatorial Guinea
2205:
663:Radio France International
2334:Banks established in 1972
2182:
1009:Financial Stability Board
815:Ferdi Document de travail
629:Central African CFA franc
186:countries which form the
113:Central African CFA franc
99:Central bank of
56:
44:
2364:Cameroon–Gabon relations
1998:Curaçao and Sint Maarten
1215:Central banks by country
425:Conseil d'administration
293:French Equatorial Africa
196:Central African Republic
63:Headquarters of the BEAC
2349:Cameroon–Chad relations
597:leaked diplomatic cable
1742:Bosnia and Herzegovina
1228:Central African States
852:FA Failed Architecture
590:Philibert Andzembe of
579:
432:
424:
369:
265:
171:
159:
1378:SĂŁo TomĂ© and PrĂncipe
1149:List of central banks
1081:Sovereign wealth fund
1076:Open market operation
676:Weidner, Jan (2017).
639:List of central banks
487:BEAC Tower in Yaounde
404:(Equatorial Guinea),
295:to a new entity, the
212:Republic of the Congo
157:
901:on 16 February 2010.
2279:Economy of Cameroon
2050:Trinidad and Tobago
1233:West African States
1025:Capital requirement
555:Abbas Mahamat Tolli
370:direction nationale
269:was established in
41:
2374:African bank stubs
2015:Dominican Republic
665:. 9 February 2024.
542:Lucas Abaga Nchama
351:banking regulation
309:French West Africa
261:Free French Africa
160:
2309:Banks of Cameroon
2231:
2230:
2200:
2199:
2003:Eastern Caribbean
1182:
1181:
833:christattouh blog
580:directeur général
340:Equatorial Guinea
204:Equatorial Guinea
152:
151:
128:9 790 million USD
40:
16:(Redirected from
2381:
2299:Economy of Gabon
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2245:
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2214:
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2086:Papua New Guinea
1209:
1202:
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1106:World Bank Group
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835:. 22 March 2019.
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182:that serves six
94:Yvon Sana Bangui
61:
51:Logo of the BEAC
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1874:North Macedonia
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1878:
1826:
1704:
1664:Turkmenistan
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1622:Saudi Arabia
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1397:
1388:Sierra Leone
1227:
938:Banks portal
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532:(1978–1990)
455:(1982), and
442:
418:
398:Pointe-Noire
380:(Cameroon),
363:
355:
344:
338:
318:
290:
253:World War II
247:, and later
237:Ubangi-Shari
226:
180:central bank
175:
163:
161:
147:www.beac.int
69:Headquarters
29:
2081:New Zealand
1973:The Bahamas
1940:Switzerland
1864:Netherlands
1659:Timor-Leste
1612:Philippines
1548:North Korea
1543:South Korea
1456:Afghanistan
1410:South Sudan
946:(in French)
586:Controversy
558: [
551:(2010–2017)
545: [
501:Brazzaville
459:(1994). In
414:Port-Gentil
406:Franceville
321:Brazzaville
278: [
257:Free France
133:Preceded by
83:Established
38:(in French)
2263:Categories
1859:Montenegro
1844:Luxembourg
1722:Azerbaijan
1700:Eurosystem
1674:Uzbekistan
1649:Tajikistan
1538:Kyrgyzstan
1533:Kazakhstan
1466:Bangladesh
1399:Somaliland
1383:Seychelles
1358:Mozambique
1343:Mauritania
1333:Madagascar
1258:Cape Verde
915:Al Jazeera
870:World Bank
645:References
449:Libreville
416:(Gabon).
223:Background
210:, and the
116:XAF (
2188:indicate
2184:Names in
2174:Venezuela
2124:Argentina
2071:Australia
2045:Nicaragua
2020:Guatemala
1839:Lithuania
1632:Sri Lanka
1627:Singapore
1606:Palestine
1492:Hong Kong
1348:Mauritius
624:CFA Franc
524:Governors
457:N'Djamena
439:Buildings
400:(Congo),
382:Berberati
374:Bafoussam
326:Fort-Lamy
286:CFA Franc
2164:Suriname
2154:Paraguay
2139:Colombia
2030:Honduras
1983:Bermuda
1978:Barbados
1925:Slovenia
1920:Slovakia
1891:Portugal
1807:Hungaria
1747:Bulgaria
1727:Austrian
1706:Abkhazia
1654:Thailand
1600:Pakistan
1580:Mongolia
1575:Maldives
1570:Malaysia
1481:Cambodia
1440:Zimbabwe
1420:Tanzania
1293:Ethiopia
1288:Eswatini
1273:Djibouti
1248:Botswana
1018:Policies
793:beac.int
775:beac.int
710:beac.int
607:See also
451:(1981),
447:(1979),
392:(Chad),
330:Cameroon
249:Cameroon
192:Cameroon
125:Reserves
118:ISO 4217
109:Currency
91:Governor
77:Cameroon
2186:italics
2169:Uruguay
2144:Ecuador
2117:America
2106:Vanuatu
2064:Oceania
2035:Jamaica
1961:America
1950:Ukraine
1896:Romania
1854:Moldova
1817:Ireland
1812:Iceland
1797:Georgia
1787:Finland
1782:Estonia
1777:England
1772:Germany
1767:Denmark
1752:Croatia
1737:Belgium
1732:Belarus
1717:Armenia
1712:Albania
1679:Vietnam
1585:Myanmar
1558:Lebanon
1461:Bahrain
1425:Tunisia
1393:Somalia
1368:Nigeria
1363:Namibia
1353:Morocco
1323:Liberia
1318:Lesotho
1283:Eritrea
1263:Comoros
1253:Burundi
1238:Algeria
620:(BCEAO)
453:Yaoundé
390:Moundou
384:(CAR),
334:Yaoundé
259:became
218:History
178:) is a
143:Website
73:Yaoundé
2149:Guyana
2129:Brazil
2040:Mexico
1988:Canada
1945:Turkey
1935:Sweden
1915:Serbia
1901:Russia
1886:Poland
1869:Norway
1834:Latvia
1828:Kosovo
1802:Greece
1792:France
1757:Cyprus
1693:Europe
1643:Taiwan
1553:Kuwait
1528:Jordan
1518:Israel
1476:Brunei
1471:Bhutan
1435:Zambia
1430:Uganda
1373:Rwanda
1338:Malawi
1308:Guinea
1298:Gambia
1243:Angola
1221:Africa
1093:system
992:Global
817:(P188)
576:French
461:Malabo
445:Bangui
429:French
421:French
412:, and
394:Ouesso
386:Abéché
378:Garoua
366:French
271:London
263:. The
168:French
2134:Chile
2115:South
2101:Tonga
2091:Samoa
2025:Haiti
1968:Aruba
1959:North
1930:Spain
1849:Malta
1822:Italy
1762:Czech
1684:Yemen
1637:Syria
1617:Qatar
1590:Nepal
1564:Macao
1523:Japan
1498:India
1486:China
1415:Sudan
1328:Libya
1313:Kenya
1303:Ghana
1278:Egypt
1268:Congo
1142:Lists
811:(PDF)
681:(PDF)
592:Gabon
562:]
549:]
516:Paris
305:BCEAO
282:]
241:Gabon
233:Congo
208:Gabon
2220:stub
2159:Peru
2076:Fiji
1993:Cuba
1595:Oman
1513:Iraq
1508:Iran
1449:Asia
601:US$
410:Oyem
402:Bata
396:and
388:and
376:and
245:Chad
200:Chad
176:BEAC
162:The
86:1972
1669:UAE
311:.
288:.
2265::
893:.
878:^
868:.
850:.
831:.
813:,
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773:.
754:^
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726:.
708:.
693:^
683:.
661:.
578::
560:fr
547:no
431::
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368::
280:fr
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170::
75:,
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1201:t
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977:e
970:t
963:v
872:.
854:.
795:.
777:.
748:.
730:.
712:.
687:.
166:(
120:)
20:)
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