Bank of Cape Verde

From Wikipedia, the free encyclopedia

Banco de Cabo Verde

Type	Public
Founded	N/A
Headquarters	Cape Verde
Products	Commercial banking
Website	www.bcv.cv

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.

[edit] History

The government established it in 1975 as a bank combining commercial banking and central banking functions 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.

[edit] See also

• Economy of Cape Verde

[edit] External links

• Official website of the Banco do Cabo Verde

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