National Bank of Guinea-Bissau
The National Bank of Guinea-Bissau was the central bank of Guinea-Bissau from February 1975 until May 1997, when Guinea-Bissau joined the Central Bank of West African States.
History
At independence in February 1975, Guinea-Bissau nationalized the Banco Nacional Ultramarino, Portuguese bank's branch, and transformed it into the country's central bank. The currency, Portuguese escudo, was replaced with Guinea-Bissau peso. In 1990, the bank was renamed as the Central Bank of Guinea Bissau.In May 1997 Guinea-Bissau joined the francophone West African Monetary Union Union Économique et Monétaire Ouest-Africaine. Consequently, National Bank of Guinea-Bissau was converted as a national branch of Central Bank of West African States, and national currency Guinea Bissau peso was replaced by West African CFA franc.
Governors
Governors of the National Bank since independence- Victor Freire Monteiro, February 1975 - July 1982
- Pedro A. Godinho Gomes, July 1982 - April 1992
- Luis Candido Ribeiro, April 1992 - March 1995
- de Sousa, March 1995 - July 1997