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Bank of Cape Verde

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Established  29 September 1975
Central bank of  Cape Verde
Headquarters  Praia
Governor  João Serra
Website  www.bcv.cv
Founded  29 September 1975
Bank of Cape Verde wwwbcvcvSiteCollectionImagesIMGsDestaquesBCV
Currency  Cape Verdean escudo CVE (ISO 4217)

The Bank of Cape Verde (Portuguese: Banco de Cabo Verde) is Cape Verde's central bank. It is located in the national capital of Praia on Santiago in Cape Verde and is headquartered at Avenida Amílcar Cabral, it is also located north of Praça Alexandre Albuquerque. Its current governor is João (António Pinto Coelho Serra) who is since 2016.

Contents

Logo

Its logo colors are blue and yellow, two of the colors of the Cape Verdean flag. It has a bill shaped in the letter C, the first letter of the nation's name and the bank.

History

The government established the Bank of Cape Verde in 1975, as a bank that combined commercial banking and central banking functions. The government created the bank by nationalizing the operations of the Portuguese colonial and overseas bank, Banco Nacional Ultramarino, which had established its first branch in Cape Verde in 1865. In 1993, the government split-off the commercial banking functions into the newly established Banco Comercial do Atlantico, which it then privatized after 1998

Between 1989 and 1994, Ulisses Correia e Silva was president of the bank, he is currently Prime Minister of Cape Verde.

Governor

  • José Ulisses de Pina Correia e Silva, 1989 until 1994
  • Carlos Burgos, up to 2014
  • Humberto Brito, 2014-May 2016
  • João Serra - current president since 2016
  • References

    Bank of Cape Verde Wikipedia


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