List Of Banks In The Comoros
;The central bank in the Comoros # Central Bank of the Comoros with offices in Moroni (Grande-Comore), Mutsamudu (Anjouan) and Fomboni (Mohéli) ;Commercial banks in the Comoros # Development Bank of Comoros # Federal Bank of Commerce # Bank for Industry and Commerce # Exim Bank (Comoros) # New York Securities Bank # Societe Nationale des Postes et Services Financiers # Foreign Financial Bank # West Zane Bank ;Savings banks in the Comoros # Meck (bank) iSavings Bank# Sanduk See also * List of banks in Africa * List of companies based in the Comoros References External links Website of Central Bank of the Comoros {{DEFAULTSORT:Banks in the Comoros Banks 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. Becaus ... Comoros Comoros ...
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Central Bank
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 ...
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