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Central Bank Of The Comoros
The Central Bank of the Comros (french: Banque Centrale des Comores, BCC) is the central bank of the Comoros, a group of islands in the Indian Ocean. Operations The statutes of the BCC state that its board of directors shall have eight members who are chosen from the Comorian Government, the French Central Bank (Banque de France) and the French government. The post of Deputy Director of the Central Bank of the Comoros is held by a Banque de France official, who is responsible for monetary policy. Since 19 November 1999, all the central bank's official rates have been pegged to the Euro Overnight Index Average ( EONIA) leading to a stabilisation of interest rate differentials with the euro. The BCC applies a compulsory reserves system (30% of deposits) and a bank monitoring system. The headquarters are located in Moroni. Banking system The Comorian banking system is constituted of six different banks: the Central Bank (BCC); the Banque pour l'Industrie et pour le Commerce-C ... [...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] |
Economy Of Comoros
The economy of the Comoros is based on subsistence agriculture and fishing. Comoros has inadequate transportation links, a young and rapidly increasing population, and few natural resources. The low educational level of the labor force contributes to a subsistence level of economic activity, high unemployment, and a heavy dependence on foreign grants and technical assistance. The Comoros, with an estimated gross domestic product (GDP) per capita income of about $700, is among the world's poorest and least developed nations. Although the quality of the land differs from island to island, most of the widespread lava-encrusted soil formations are unsuited to agriculture. As a result, most of the inhabitants make their living from subsistence agriculture and fishing. Average wages in 2007 hover around $3–4 per day. Agriculture, including fishing, hunting, and forestry, is the leading sector of the economy. It contributes 40% to GDP, employs 80% of the labor force, and provides most o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Banks And Currencies Of Africa
There are two African currency unions associated with multinational central banks; the West African Banque Centrale des États de l'Afrique de l'Ouest (BCEAO) and the Central African Banque des États de l'Afrique Centrale (BEAC). Members of both currency unions use the CFA Franc as their legal tender. Below is a list of the central banks and currencies of Africa. See also * Africa * Economy of Africa * List of African countries by GDP (nominal) * List of African stock exchanges * List of currencies in Africa African currency was originally formed from basic items, materials, animals and even people available in the locality to create a medium of exchange. This started to change from the 17th century onwards, as European colonial powers introduced thei ... References World Economic Outlook Database, October 2012 International Monetary Fund. Accessed on October 10, 2013. {{DEFAULTSORT:Central Banks And Currencies Of Africa Africa-related lists Currencies of Africa [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banque De Madagascar
The Banque de Madagascar, from 1946 the Banque de Madagascar et des Comores, was a bank established by the French government in 1925 to issue currency and provide credit in French Madagascar. As such, it fulfilled many of the functions of a central bank for the colony. Background Following the establishment of the Malagasy Protectorate, France took over direct administration of Madagascar as a colony in 1897. The Comptoir national d'escompte de Paris established a presence on the island in the late 19th century, and had advocated the creation of a local issuance bank as early as 1895. Until World War I, its only form of currency was coins of French francs. Franc banknotes were introduced during the war in substitution to the coin money, but did not satisfy the needs of Madagascar's colonial economy that would be better served by local money issuance. Parliamentary debates lingered in France for several years, as different models were considered including direct issuance by the F ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ibrahim Ben Ali (banker)
Ibrahim ben Ali ( tr, Ali oğlu İbrahim) or after baptism Ibraham Adam Ben Ali (1756–1800), was an Ottoman-Turkish soldier and physician who first drew notice as a convert-friend of the Dublin Methodist theologian Adam Clarke, and after spending time with the minister there and in England, he emigrated to the United States. Early life Ibrahim ben Ali was born in Istanbul, Ottoman Turkey, in 1756, the son of Ali ben Mustapha, a Muslim with an estate 6 miles from the city, and Halima, a Greek Christian slave from Zante who was captured by Venetians and bought by Mustapha in Aleppo. Ben Ali was raised a Muslim but also received an introduction to Christianity from his mother, and from several Spanish slaves owned by the family. When Ibrahim ben Ali was thirteen, he married his wife Halima, who was twelve at the time. In that same year he made the Hajj to Mecca, subsequently taking two additional wives named Fatima and Ayesha, and eventually fathering 6 children by the three. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mohamed Halifa
Muhammad was an Islamic prophet and a religious and political leader who preached and established Islam. Muhammad and variations may also refer to: *Muhammad (name), a given name and surname, and list of people with the name and its variations Persons with the name Muhammad and no other name *Muhammad (Bavandid ruler), 13th-century Iranian monarch *Muhammad V of Kelantan (born 1969), 15th Yang di-Pertuan Agong and Sultan of Kelantan *Mohammed VI of Morocco (born 1963), King of Morocco * Muhammed VII, Sultan of Granada (1370–1408) *Muhammad VII of Bornu of the Sayfawa dynasty (1731–1747) * Muhammed VIII, Sultan of Granada (1411–1431) * Mohammed VIII of Bornu of the Sayfawa dynasty (1811–1814) Places * Mohammad-e Olya, a village in Fars Province, Iran *Mohammad, Gachsaran, a village in Kohgiluyeh and Boyer-Ahmad Province, Iran *Mohammad, Kohgiluyeh, a village in Kohgiluyeh and Boyer-Ahmad Province, Iran *Mohammad, Sistan and Baluchestan, a village in Sistan and Baluchest ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Société Nationale Des Postes Et Des Services Financiers
Lactalis is a French multinational dairy products corporation, owned by the Besnier family and based in Laval, Mayenne, France. The company's former name was Besnier SA. Lactalis is the largest dairy products group in the world, and is the second largest food products group in France, behind Danone. It owns brands such as Parmalat, Président, Siggi's Dairy, Skånemejerier, Rachel's Organic, and Stonyfield Farm. History André Besnier started a small cheesemaking company in 1933 and launched its ''Président'' brand of Camembert in 1968. In 1990, it acquired Group Bridel (2,300 employees, 10 factories, fourth-largest French dairy group) with a presence in 60 countries. In 1992, it acquired United States cheese company Sorrento. In 1999, ''la société Besnier'' became ''le groupe Lactalis'' owned by Belgian holding company BSA International SA. In 2006, they bought Italian group Galbani, and in 2008, bought Swiss cheesemaker Baer. They bought Italian group Parmalat in a 20 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
