Central Bank of the Gambia

Central Bank of the Gambia
HeadquartersNo. 1/2 Ecowas Avenue, Banjul, The Gambia
Established1971
Ownership100% state ownership[1]
GovernorBuah Saidy
Central bank of Gambia
CurrencyGambian dalasi
GMD (ISO 4217)
Websitehttps://www.cbg.gm/

The Central Bank of The Gambia is the central bank of The Gambia. Its name is abbreviated to CBG. The bank is located in Banjul and was established in 1971.[2] Buah Saidy is the current Governor.

Operations

As a central bank, CBG is responsible for providing banking services to the Gambian government, for managing interest rates and foreign exchange, for interacting with Gambian industries, for supporting microfinance, and for managing the value of the country's currency, the Gambian dalasi. [1] The bank is responsible for managing the sale of Gambian bonds and treasury bills on the international securities market. The bank is involved in economic research in regard to the future of Gambia and West Africa.

The CBG is working with GIPFZA, the Gambia Investment Promotion and Free Zones Agency, in the creation of a 1.6 square kilometre business and industrial park near Banjul International Airport.

The CBG is the only institution in The Gambia that is permitted to issue the dalasi.

Governors of the Central Bank of The Gambia

See also

References

  1. ^ Weidner, Jan (2017). "The Organisation and Structure of Central Banks" (PDF). Katalog der Deutschen Nationalbibliothek.
  2. ^ "History of CBG". Archived from the original on 17 August 2012. Retrieved 30 August 2012.
  3. ^ a b c Central Banking Directory. Central Banking Publications. 18 April 1993. ISBN 9780951790311 – via Google Books.
  4. ^ Chiefs of State and Cabinet members of foreign governments. 2003.
  5. ^ Chiefs of State and Cabinet members of foreign governments. 2003.
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