Central Bank of West African States (BCEAO)

MISSIONS

The Central Bank has the following fundamental tasks:

  • To define and implement monetary policy within the WAEMU.
  • Ensure the stability of the WAEMU banking and financial system.
  • To promote the smooth operation and ensure the supervision and security of payment systems in the WAEMU.
  • To implement the exchange rate policy of the WAEMU under the conditions laid down by the Council of Ministers.
  • To manage the official foreign exchange reserves of WAEMU Member States.
  • The Central Bank may carry out, while respecting monetary equilibrium, specific missions or projects that contribute to the improvement of the monetary policy environment, diversification and strengthening of the WAEMU financial system and technical and professional capacities in the banking and financial sector.

contacts

Address: Avenue Abdoulaye FADIGA
01 BP 1769 ABIDJAN 01
Tel: (225) 20 20 84 00 / (225) 20 20 85 00
Fax: (225) 20 22 00 40 / 20 22 28 52