| Headquarters | Av. Amílcar Cabral,Praia, Cape Verde |
|---|---|
| Coordinates | 14°55′08″N23°30′33″W / 14.9188°N 23.5091°W /14.9188; -23.5091 |
| Established | 29 September 1975 |
| Ownership | 100%state ownership[1] |
| Governor | Óscar Humberto Évora Santos |
| Central bank of | Cape Verde |
| Currency | Cape Verdean escudo CVE (ISO 4217) |
| Reserves | 490 million USD[1] |
| Website | www |
TheBank of Cape Verde (Portuguese:Banco de Cabo Verde) isCape Verde'scentral bank. Its headquarter is located onAvenida Amílcar Cabral, in the national capital ofPraia on the island ofSantiago.[2] Its current governor is João António Pinto Coelho Serra, who is in office since December 2014.[3]
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 thePortuguese colonial and overseas bank,Banco Nacional Ultramarino, which had established its first branch in Cape Verde in 1865. In 1993, the government split off thecommercial banking functions into the newly establishedBanco Comercial do Atlântico.[6]
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