Bank of Central African States

The Bank of Central African States (French: Banque des États de l'Afrique centrale, BEAC; Spanish: Banco de los Estados de África Central) 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, and the Republic of the Congo. == History == === Background === In 1920, the French government expanded the note-issuance privilege of the Banque de l'Afrique Occidentale to its central African colonies of Congo, Ubangi-Shari, Gabon, Chad, and later Cameroon.

Source: Wikipedia — Bank of Central African States (CC BY-SA 4.0)