Central Bank of the Republic of Guinea
Monetary Authority of Guinea
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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]
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| Central bank of | Guinea |
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| Established | 1 March 1960[1] |
| Ownership | 100% state ownership[2] |
| Governor | Karamo Kaba[3] |
| Currency | Guinean franc GNF (ISO 4217) |
| Reserves | 50 million USD[2] |
| Website | www |
History
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 | 1965 | [5] |
| Moussa Diakité | 1965 | 1968 | |
| Balla Camara | 1969 | 1970 | [5] |
| Lamine Conde | 1970 | 1981-? | |
| Kabiné Kaba | 1984 | ? | |
| Aboubacar Kagbè Touré | ?-1985 | 1985-? | |
| Kerfalla Yansané | 1986 | 1996 | [6] |
| Ibrahima Chérif Bah | 1996 | 2004 | |
| Alkaly Mohammed Daffé | 2004 | 2007 | [7] |
| Daouda Bangoura | 2007 | 2009 | [8] |
| Alhassane Barry | 2009 | 2010 | [9] |
| 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[10] during the 2011 Global Policy Forum held in Mexico.[citation needed]
