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Central Bank Of São Tomé And Príncipe
The Central Bank of São Tomé and Príncipe ( pt, Banco Central de São Tomé e Príncipe or BCSTP) is the central bank of São Tomé and Príncipe, a Portuguese-speaking island nation off the western equatorial coast of Central Africa. History At independence in 1975, the government converted the local branch of the Portuguese colonial bank, Banco Nacional Ultramarino, into the National Bank of São Tomé and Príncipe, which took on the functions of central bank, development bank, and commercial bank. The government created a monobank by bringing the only other commercial bank in the country, the Banco Popular de Angola (formerly Banco Comercial de Angola and now Banco de Poupança e Crédito), under the control of Banco Nacional and by merging its savings bank, the Caixa de Crédito. In 1992, a reform law resulted in the National Bank giving up its development and commercial banking functions, focusing on central banking. With that reform, the bank took on its present name. ... [...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] |
Adelino Castelo David
Adelino Santiago Castelo David (born 1955) is a Santomean bank manager and politician. Biography David graduated with a doctorate. He became a bank manager and was later president of Caixa Nacional de Poupanças e Crédito. In 1992, he became posted as governor of the Central Bank of São Tomé and Príncipe, the post was later taken by Carlos Quaresma Batista da Silva in 1994. Afterwards he worked at the World Bank and work as a consultant to his national government. In January 1999, he became Minister of Finance and Planning under the Prime Minister Guilherme Posser da Costa up to 26 September 2001. He was later advisor to the finance minister from 2002 to 2004. Once more, he became Minister of Finance and Planning under Prime Minister Damião Vaz d'Almeida Damião Vaz d'Almeida (born 28 April 1951) served as the 12th prime minister of São Tomé and Príncipe and the vice-president of the Movement for the Liberation of São Tomé and Príncipe-Social Democratic Party (ML ... [...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] |
Banks Of São Tomé And Príncipe
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] |
List Of Central Banks
. Central banks Central banks Central banks This is a list of central banks. Countries that are only partially recognized internationally are marked with an asterisk (*). Disappeared central banking jurisdictions * – Bank of Amsterdam (1609-1791) * – Taula de canvi de Barcelona (1401-1714) * – East African Currency Board (1919-1966) * – (''Hrvatska Državna Banka'', 1941-1945) * – National Bank of Czechoslovakia (1926–1939 and 1945-1950) and State Bank of Czechoslovakia (1950–1992) * – (1854-1875) * – Bank of Saint George (1407-1805) * – (1948-1968) and Staatsbank der DDR (1968-1990) * – Hamburger Bank (1619-1875) * – Bank of Korea (1909–1950) * – Central Bank of Manchou (1932-1945) * - Bank of Issue in Poland (1940-1945) * – (1765-1846) and (1847-1875) * – (1849-1861), itself formed through the merger of (1846-1849) and Banca di Torino (1847-1849) * – National Bank of Vietnam (1954-1975) * – Banco di Napoli, under di ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Central Banks 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] |
Economy Of São Tomé And Príncipe
The economy of São Tomé and Príncipe, while traditionally dependent on cocoa, is experiencing considerable changes due to investment in the development of its oil industry in the oil-rich waters of the Gulf of Guinea. History Under Portuguese colonial rule, sugar plantations were set up, and the islands were used for the transshipment of slaves. Oil reserves Geologists estimate that the Gulf of Guinea zone (Niger Delta province) holds more than 10 billion barrels (1.6 km3) of oil, although no reserves have yet been proven. A joint oil project with Nigeria in 2005 is likely to contribute $50 million of revenues to the government from the exploration licence signing fees. This represents four times government revenues in 2004. São Tomé is optimistic that significant petroleum discoveries under the exploration licence are forthcoming, though no crude oil nor natural gas has been found as of 2021. Agriculture Since the 1800s, the economy of São Tomé and Príncipe has ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Américo Barros
Domingo Jhonny Vega Urzúa (born December 24, 1977, in Arica, Chile), commonly known as Américo, is a Chilean singer. He became known as the lead artist of Américo y la Nueva Alegría. He is the son of a locally known boleros singer, Melvin "Corazón" Américo. Americo was a coach on the second season of La Voz Ecuador in 2016. Biography Beginnings Américo started his musical career at the 8 years old, when unexpectedly, he had to replace his brother Darwin, who had to sing in the ''Carnaval del Parque Lauca'', one of the most populated areas of Arica. After that, he started participating in local and regional festivals. When he was 9 years old, he recorded his debut album, ''Para mis padres'', and later released his second album, ''Mi colegiala'', while he was a teenager. When he released his album ''Tropicalmente Américo'', he was discovered by the bando Alegría, who at the time, were without a vocalist, and they invited him to join the band. With the band, Americo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hélio Silva Vaz De Almeida
Hélio is a Portuguese given name: * Hélio (footballer), Brazil-born Hong Kong footballer Hélio José de Souza Gonçalves (born 1986) * Helio Alves * Helio André * Helio Batista (footballer, born 1973) * Hélio Batista (footballer, born 1990), Brazilian footballer * Hélio Bicudo * Hélio Ferraz de Almeida Camargo (1922–2006), Brazilian zoologist and lawyer * Hélio Castroneves (born 1975), Brazilian auto racing driver * Hélio Cruz * Hélio Delmiro * Hélio Dias (born 1943), Brazilian former football goalkeeper * Hélio Garcia * Hélio Gomes * Hélio Gonçalves Heleno (1935–2012), Roman Catholic bishop * Hélio Gracie (1913–2009), a founder of Brazilian Jiu-Jitsu * Hélio Gueiros * Hélio José * Hélio Justino * Hélio Gelli Pereira (1918–1994), Brazilian-British virologist * Hélio Marques Pereira (1925–1971), Brazilian basketball player * Helio Melo * Hélio José Muniz Filho * Hélio Oiticica * Hélio Lourenço de Oliveira (1917–1985), Brazilian physicia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Luís Fernando Moreira De Sousa
Luis is a given name. It is the Spanish form of the originally Germanic name or . Other Iberian Romance languages have comparable forms: (with an accent mark on the i) in Portuguese and Galician, in Aragonese and Catalan, while is archaic in Portugal, but common in Brazil. Origins The Germanic name (and its variants) is usually said to be composed of the words for "fame" () and "warrior" () and hence may be translated to ''famous warrior'' or "famous in battle". According to Dutch onomatologists however, it is more likely that the first stem was , meaning fame, which would give the meaning 'warrior for the gods' (or: 'warrior who captured stability') for the full name.J. van der Schaar, ''Woordenboek van voornamen'' (Prisma Voornamenboek), 4e druk 1990; see also thLodewijs in the Dutch given names database Modern forms of the name are the German name Ludwig and the Dutch form Lodewijk. and the other Iberian forms more closely resemble the French name Louis, a deriv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arlindo Afonso Carvalho
Arlindo is a given name. Notable people with the name include: *Arlindo Barbeitos (born 1940), Angolan poet *Arlindo Chinaglia (born 1949), Brazilian politician and former President of the Chamber of Deputies of Brazil 2007–2009 *Arlindo Cruz (born 1958), Brazilian musician, composer and singer, working in the genre of samba and pagode *Arlindo Gomes Furtado (born 1949), the Roman Catholic bishop of the Diocese of Mindelo, Cape Verde, from 2003 to 2011 *Arlindo Pena Ben-Ben General Arlindo Pena Ben-Ben served as the military commander of UNITA, one of the three liberation movements that fought against Portuguese colonial rule in Angola. After independence, UNITA and the FNLA fought against the MPLA in the Angolan Civil ... served as the military commander of UNITA in the Angolan Civil War * Arlindo (footballer) (born 1940), Brazilian footballer {{given name ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Maria Do Carmo Silveira
Maria do Carmo Trovoada Pires de Carvalho Silveira (born 14 February 1961) served as the 13th prime minister of São Tomé and Príncipe from 8 June 2005 to 21 April 2006. Background She was educated as an economist at the Donetsk National University ( Ukraine), Master of Public Administration from the National School of Administration in Strasbourg and was the third governor of São Tomé and Príncipe's Central Bank from 1999 to 2005, she succeeded Carlos Quaresma Batista de Sousa and was succeeded by Arlindo Afonso Carvalho and again from 2011 to 2016 as the sixth governor succeeding Luís Fernando Moreira de Sousa. Prime minister She served as Prime Minister and Minister of Planning and Finance São Tomé and Príncipe from 8 June 2005 to 21 April 2006. Silveira, the country's second female Prime Minister, is a member of the Movement for the Liberation of São Tomé and Príncipe-Social Democratic Party (MLSTP-PSD) and was a member of the party executive board. Silveira ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
