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What (who) is Bank of Central African States - definition
CENTRAL BANK
Beac; Central Bank of Central African States; Banque des États de l'Afrique Centrale; Banque des Etats de l'Afrique Centrale; Bank of the Central African States; Bank of central african states; Development Bank of Central African States; Beac.int; BEAC
Bank of Central African States
The bank (French: Banque des Etats de l'Afrique Central, BEAC) issues a common currency unit, the Central African Franc. Members include The Cameroon, Central African Republic, Chad, People's Republic of Congo, Gabon, and Equitarial Guinea. France part
Banque des Etats de l'Afrique Centrale
BEAC
Wikipedia
Bank of Central African States
The Bank of Central African States (French: Banque des États de l'Afrique Centrale, BEAC) is a central bank that serves six central African countries which form the Economic and Monetary Community of Central Africa:
- Cameroon
- Central African Republic
- Chad
- Equatorial Guinea
- Gabon
- Republic of the Congo
In December 2010, a WikiLeaks memo dated June 3, 2005, said that Gabonese officials working for the Bank of Central African States stole US$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.
Examples of use of Bank of Central African States
1. "We have called on the US Senate to prove where the acts of fraud are," Oyono Ndong told Reuters, saying funds from Riggs Bank had been moved to the Bank of Central African States and would be used for infrastructure projects.