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Bank Of Cape Verde
The Bank of Cape Verde ( pt, Banco de Cabo Verde) is Cape Verde's central bank. Its headquarter is located on Avenida Amílcar Cabral, in the national capital of Praia on the island of Santiago. Its current governor is João António Pinto Coelho Serra, who is in office since December 2014. Governors * Corentino Santos, 1975-1984https://www.bcv.cv/pt/O%20Banco/Sala%20de%20Imprensa/Arquivo/Documents/BCVNews%20Edi%C3%A7%C3%A3o%20Especial.pdf * Amaro da Luz, 1984-1991 * Oswaldo Sequeira, 1991-1999 *Olavo Correia, 1999-2004 * Carlos Burgo, 2004-2014 * João Serra, 2014- History The government established the Bank of Cape Verde in 1975, as a bank that combined commercial banking and central banking functions. The government created the bank by nationalizing the operations of the Portuguese colonial and overseas bank, Banco Nacional Ultramarino, which had established its first branch in Cape Verde in 1865. In 1993, the government split off the commercial banking functions into the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Ownership
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-owne ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carlos Burgo
Carlos may refer to: Places ;Canada * Carlos, Alberta, a locality ;United States * Carlos, Indiana, an unincorporated community * Carlos, Maryland, a place in Allegany County * Carlos, Minnesota, a small city * Carlos, West Virginia ;Elsewhere * Carlos (crater), Montes Apenninus, LQ12, Moon; a lunar crater near Mons Hadley People * Carlos (given name), including a list of name holders * Carlos (surname), including a list of name holders Sportspeople * Carlos (Timorese footballer) (born 1986) * Carlos (footballer, born 1995), Brazilian footballer * Carlos (footballer, born 1985), Brazilian footballer Others * Carlos (Calusa) (died 1567), king or paramount chief of the Calusa people of Southwest Florida * Carlos (DJ) (born 1966), British DJ * Carlos (singer) (1943—2008), French entertainer * Carlos the Jackal, a Venezuelan terrorist *Carlos (DJ) (born 2010) Guyanese DJ Arts and entertainment * ''Carlos'' (miniseries), 2010 biopic about the terrorist Carlos the Jackal * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1975 Establishments In Cape Verde
It was also declared the ''International Women's Year'' by the United Nations and the European Architectural Heritage Year by the Council of Europe. Events January * January 1 - Watergate scandal (United States): John N. Mitchell, H. R. Haldeman and John Ehrlichman are found guilty of the Watergate cover-up. * January 2 ** The Federal Rules of Evidence are approved by the United States Congress. ** Bangladesh revolutionary leader Siraj Sikder is killed by police while in custody. ** A bomb blast at Samastipur, Bihar, India, fatally wounds Lalit Narayan Mishra, Minister of Railways. * January 5 – Tasman Bridge disaster: The Tasman Bridge in Hobart, Tasmania, Australia, is struck by the bulk ore carrier , killing 12 people. * January 7 – OPEC agrees to raise crude oil prices by 10%. * January 10–February 9 – The flight of '' Soyuz 17'' with the crew of Georgy Grechko and Aleksei Gubarev aboard the '' Salyut 4'' space station. * January 15 – Alvor Agreeme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Cape Verde
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Banks
A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Most central banks also have supervisory and regulatory powers to ensure the stability of member institutions, to prevent bank runs, and to discourage reckless or fraudulent behavior by member banks. Central banks in most developed nations are institutionally independent from political interference. Still, limited control by the executive and legislative bodies exists. Activities of central banks Functions of a central bank usually include: * Monetary policy: by setting the official interest rate and controlling the money supply; *Financial stability: acting as a government's banker and as the bankers' bank ("lender of last resort"); * Reserve management: managing a country's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Cape Verde
The economy of Cape Verde is a service-oriented economy that is focused on commerce, trade, transport and public services. Cape Verde is a small archipelagic nation that lacks resources and has experienced severe droughts. Agriculture is made difficult by lack of rain and is restricted to only four islands for most of the year. Cape Verde's economy has been steadily growing since the late 1990s, and it is now officially considered a country of average development, being only the second African country to have achieved such transition, after Botswana in 1994. Cape Verde has significant cooperation with Portugal at every level of the economy, which has led it to link its currency (the Cape Verdean escudo) first to the Portuguese escudo and, in 1999, to the euro. Resources About 75% of food is imported. Cape Verde annually runs a high trade deficit, financed by foreign aid and remittances from emigrants; remittances constitute a supplement to GDP of more than 20%. Economic refo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banco Comercial Do Atlântico
The Banco Comercial do Atlântico (Portuguese meaning the "Atlantic Commercial Bank", abbreviation: BCA) is a Cape Verdean commercial bank. The headquarters of the company are located at Praça Alexandre Albuquerque, in Praia, the capital of Cape Verde. The bank has 34 branches spread over all 9 inhabited Cape Verdean islands.History BCA History 
The bank was created on September 1, 1993, when the government split off the
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Commercial Bank
A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. It can also refer to a bank, or a division of a large bank, which deals with corporations or a large/middle-sized business to differentiate it from a retail bank and an investment bank. Commercial banks include private sector banks and public sector banks. History The name ''bank'' derives from the Italian word ''banco'' "desk/bench", used during the Italian Renaissance era by Florentine bankers, who used to carry out their transactions on a desk covered by a green tablecloth. However, traces of banking activity can be found even in ancient times. In the United States, the term commercial bank was often used to distinguish it from an investment bank due to differences in bank regulation. After the Great Depression, through the Glass–Steagall Act, the U.S. Congress required that commercial banks only engage in ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banco Nacional Ultramarino
Banco Nacional Ultramarino (, BNU; ; en, National Overseas Bank) is a Macau banking and financial services corporation. It was a Portuguese bank with operations throughout the world, especially in Portugal's former overseas provinces. It ceased existence as an independent legal entity in Portugal following its merger in 2001 with Caixa Geral de Depósitos, the government-owned savings bank. The bank continues operations today under the Banco Nacional Ultramarino brand in Macau, a Chinese Special Administrative Region and former Portuguese colony, where it is also licensed to issue Macanese pataca banknotes. Timeline Banco Nacional Ultramarino (BNU) was established in Lisbon, Portugal, in 1864 as a bank of issue for Portuguese overseas territories. the next year it opened branches in Luanda, Angola and Praia, Cabo Verde. Three years after that, in 1868, BNU opened branches in São Tomé and Príncipe, Goa, and Lourenço Marques, Mozambique. In 1901 BNU lost its banking mon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Portugal
Portugal, officially the Portuguese Republic ( pt, República Portuguesa, links=yes ), is a country whose mainland is located on the Iberian Peninsula of Southwestern Europe, and whose territory also includes the Atlantic archipelagos of the Azores and Madeira. It features the westernmost point in continental Europe, and its Iberian portion is bordered to the west and south by the Atlantic Ocean and to the north and east by Spain, the sole country to have a land border with Portugal. Its two archipelagos form two autonomous regions with their own regional governments. Lisbon is the capital and largest city by population. Portugal is the oldest continuously existing nation state on the Iberian Peninsula and one of the oldest in Europe, its territory having been continuously settled, invaded and fought over since prehistoric times. It was inhabited by pre-Celtic and Celtic peoples who had contact with Phoenicians and Ancient Greek traders, it was ruled by the Ro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
João Serra
João is the Portuguese equivalent of the given name John. The diminutive is Joãozinho and the feminine is Joana. It is widespread in Portuguese-speaking countries. Notable people with the name are enumerated in the sections below. Kings * João I of Kongo, ruled 1470–1509 * João II of Lemba or João Manuel II of Kongo, ruled 1680–1716 * Dharmapala of Kotte, last King of the Kingdom of Kotte, reigned 1551–1597 Princes * João Manuel, Hereditary Prince of Portugal (1537–1554), son of John III * Infante João, Duke of Beja (1842–1861) Arts and literature * João Bosco, Brazilian musician * João Cabral de Melo Neto, Brazilian poet and diplomat * Joao Constancia, Filipino singer, actor and dancer * João Donato, Brazilian musician * João de Deus de Nogueira Ramos, Portuguese poet * João Gilberto, Brazilian musician * João Guimarães Rosa, Brazilian novelist, short story writer, and diplomat * João Miguel (actor), Brazilian actor * João Nogueira, Brazilian mus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Olavo Correia
Dr. Olavo Avelino Garcia Correia commonly known as Olavo Correia, is a Cape Verdean politician. He currently serves as the deputy prime minister, and Minister of Finance of Cape Verde since May 2016. He was the governor of Bank of Cape Verde from 1999 to 2004.https://www.bcv.cv/pt/O%20Banco/Sala%20de%20Imprensa/Arquivo/Documents/BCVNews%20Edi%C3%A7%C3%A3o%20Especial.pdf In April 2022, Olavo Avelino Garcia Correia was named head of the board of governors of the ECOWAS Bank for Investment and Development (EBID). It was at the end of the 20th ordinary general meeting of the board of governors held in Lomé that this appointment was made. He replaces in this post the Minister of Economy and Finance of Benin Romuald Wadagni Romuald Wadagni (born 20 June 1976) is Benin's Minister of Economy, Finance and Denationalization Programs. He replaces Komi Koutché in this position. After 17 years of ascension within the French (Paris and Lyon), American (Boston and New York ....https://www.fi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
