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List of
Central Banks Worldwide
The Central
Bank of the Congo (French: Banque Centrale du Congo) is the
central bank of the Democratic Republic of the Congo. The
bank's main offices are on Boulevard Colonel Tshatshi in La
Gombe in Kinshasa
The central bank operates a network of regional branches
across the DRC, the largest country in Sub-Saharan Africa.
Branches can be found in Lubumbashi, Goma, Kamina,
Kasumbalesa, Kikwit, Tshikapa, Ilebo and Matadi. In cities
where the central bank is not present, a commercial bank can
be appointed to represent it; Trust Merchant Bank performs
such a role in Likasi and Kolwezi
From 1886 to 1908, King Leopold II of Belgium ruled the
Congo as his private domain. On July 27, 1887, he issued a
royal decree that established the Franc as the money of
account for the Congo Free State, and for Rwanda and
Burundi. In 1890 the Heligoland-Zanzibar Treaty put Rwanda
and Burundi within the German sphere of influence in Africa.
Consequently, the German East African rupie became the
official currency in those two colonies though the Franc
continued to circulate there. In 1908, Belgium assumed
responsibility for the Congo, taking it from Leopold; as a
result, the Belgian Congo became a member of the Latin
Monetary Union.
In 1909, a number of Belgian banks jointly established the
Bank of the Belgian Congo. This freed the Bank to act as the
agent in the Congo for all the major Belgian banks rather
than as a subsidiary or affiliate of only one of them.
However, the dominant bank was the Société Générale de
Belgique and eventually it became the Bank's majority owner.
In 1911 the Colonial government awarded the Bank a 25-year
monopoly on the right of note issuance for the Colony and
appointed it as fiscal agent for the colonial government.
The Bank issued its first banknotes in 1912.
Following Germany's defeat in World War I, Belgium assumed a
League of Nations mandate over Rwanda and Burundi. Belgium
then included them in the Congo Franc Zone.
The Convention of 10 October 1927 revisited the question of
note issuance and extended the Bank's monopoly until 1 July
1952. During World War II Belgium came under German
Occupation. The Bank of England then assumed a temporary
involvement in the Congo's affairs and the Congo franc was
listed in London.
On 1 July 1952, the day after the expiration of the Bank’s
monopoly, the newly-formed Banque Centrale du Congo Belge et
du Ruanda-Urundi assumed responsibility for note issuance.
The Banque Centrale du Congo-Belge et du Ruanda-Urundi was
dissolved after Congo's independence in 1960. The Banque
Nationale du Congo was created in 1964 to serve as the new
country's central bank.
For about four years from 1960 to 1964, the Banque d'
Emission du Rwanda et du Burundi served as the central bank
for the linked territories. In 1961 Rwanda became an
independent republic; the next year Burundi became
independent as a monarchy. In 1964 each state established
its own central bank, the Royal Bank of Burundi and the
Banque Nationale du Rwanda. In 1966, Burundi became a
republic and its central bank changed its name to Banque de
la République du Burundi.
When the Congo changed its name to Zaire in 1971, the Banque
Nationale du Congo became Bank of Zaire. Then in 1997 when
the country's name became the Democratic Republic of the
Congo, the bank took its current name: Banque Centrale du
Congo.
The Bank is engaged in developing policies to promote
financial inclusion and is a member of the Alliance for
Financial Inclusion
List of
Offshore Bank
Here are some of the common famous Offshore Zones :
Switzerland, Austria, Latvia, Liechtenstein, Cyprus, Bahamas,
Cayman Islands, Belize, Costa Rica, Panama, Dominica, British
Virgin Islands, Isle of Man, Cyprus, Mauritius, Singapore,
Hong Kong, and Cook Islands. These places are notoriously
called ' Tax havens of the World ' because they offer
significant tax benefits like no income taxes, no estate
taxes, no capital gains, excellent interest rates for
investments, direct access to stock markets. Switzerland is
the undisputed leader in offshore.
Nevertheless, privacy is a biggest attraction in these 'Tax
Free Zones' of the world.
We make offshore bank account setup easy:
Just a copy of your passport "legalized" or ID required.
Bank of
Albania - Bank of Algeria -
Bank of Argentina -
Bank of Armenia -
Bank of Aruba -
Bank of Australia -
Bank of Austrian -
Bank of Azerbaijan -
Bank of Bahamas -
Bank of Bahrain -
Bank of Bangladesh -
Bank of Barbados -
Bank of Belarus -
Bank of Belgium -
Bank of Belize -
Bank of Bermuda -
Bank of Bhutan -
Bank of Benin -
Bank of Bolivia -
Bank of Bosnia -
Bank of Botswana -
Bank of Brazil -
Bank of Bulgaria -
Bank of Burkina Faso -
Bank of Cameroon -
Bank of Canada -
Bank of Cayman Islands -
Bank of Central
African Republic - Bank of Chad -
Bank of Chile -
Bank of China -
Bank of Colombia -
Bank of Congo
-Bank of Costa Rica -
Bank of Côte d'Ivoire -
Bank of Croatia -
Bank of Cuba -
Bank of Cyprus -
Bank of Czech Republic -
Denmark -
Bank of Dominican Republic -
East
Caribbean area - Ecuador -
Egypt -
El Salvador -
Equatorial
Guinea - Estonia -
Ethiopia -
European Union -
Fiji -
Finland -
France -
Gabon -
Georgia -
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