Central Bank of West African States

The Central Bank of West African States (French: Banque Centrale des États de l'Afrique de l'Ouest, BCEAO) is a central bank serving the eight west African countries which share the common West African CFA franc currency and comprise the West African Economic and Monetary Union.

Central Bank of West African States
Banque Centrale des États de l'Afrique de l'Ouest (BCEAO) (in French)
HeadquartersDakar, Senegal
Established1959
GovernorJean-Claude Brou
Central bank ofWest African Economic and Monetary Union
CurrencyWest African CFA franc
XOF (ISO 4217)
Reserves9 820 million USD
Preceded byBanque de l'Afrique Occidentale (1901-1955)
Institut d'Émission de l'Afrique Occidentale Française et du Togo (1955-1959)
Websitewww.bceao.int

The BCEAO is active in developing financial inclusion policy and is a member of the Alliance for Financial Inclusion.

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