Central bank shared by the six CEMAC member states: Cameroon, the Central African Republic, Congo, Gabon, Equatorial Guinea and Chad.
What they do
Describes its role as guaranteeing monetary integration and financial stability across its member states. The 1972 convention on cooperation between the Central African states (Art. 14) committed them to harmonise banking rules and gave it wide powers over banking supervision, exercised through COBAC. It also runs the regional payment systems and publishes the payment-services regulations.
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