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Central Bank of the Republic of
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Central
Bank of the Republic of Guinea
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The Central Bank of the Republic
of Guinea (French: Banque Centrale de la République de Guinée, BCRG) is the
central bank of Guinea. The bank is located in the capital city of Conakry.
The Bank of Guinea was established on March 1, 1960 and it’s charged with
the control of all currency flows and exchange rates in Guinea. |
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In addition to its
responsibility to adapt the means of payment and credit policy to the
necessities of the national economy, the Bank also promotes liquidity,
solvency and good performance of the banking and financial institutions as
well as the proper distributions of the credits; to keep the coordination of
the economic and financial activities of the state with the monetary policy
specially in its functions as banker, fiscal agent and advisor of the state.
The fundamental objects of the Bank of Republic of Guinea are to:
♦ To propitiate the monetary exchange and credit conditions; |
♦ To contribute to the creation and maintenance of the most favorable
conditions to the orderly development of the national economy; and
♦ To promote the stability in the general level of prices.
In achieving the objectives above, the Bank commits itself to providing
effective support functions through a sound banking and financial control
system, appropriate information system and the development of competent and
qualified staff. Currency exchange centre in
Guinea are only found in the city centre of the capital, Conakry. |
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Central Bank of Republic of Guinea |
HQ
Address: |
Boite
Postale N° 692
Boulevard du Commerce
Commune de Kaloum
Conakry
Guinea |
Telephone: |
+224 411
589 |
Facsimile: |
+224 414
898 |
Swift Code: |
REPCGNGN |
Currency: |
Guinean
francs |
Banking Hours: |
Mon - Fri :
9.00am - 3.00pm |
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The Central Bank of the Republic of Guinea
accepts that the credibility of its policy and actions is a prerequisite for
the attainment of its goals and that such credibility can only be achieved
and maintained through independent action, firmness of principle,
resoluteness and fixed intent. |
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