Central bank and issuing institution of the six CEMAC member states, Cameroon among them. Its website says it has guaranteed monetary integration and financial stability for its members for 50 years.
What they do
Sets the monetary policy framework for the CEMAC zone, issues the currency and runs the regional payment systems (SYGMA and SYSTAC). It publishes payment-system regulations, instructions and circulars, and houses the secretariat of the COBAC banking commission in Yaoundé.
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