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Central Bank of the Republic of Guinea

 

Central Bank of the Republic of Guinea Logo

The Central Bank of the Republic of Guinea (French: Banque Centrale de la République de Guinée, BCRG) is the central bank of Guinea. The bank is located in the capital city of Conakry. The Bank of Guinea was established on March 1, 1960 and it’s charged with the control of all currency flows and exchange rates in Guinea.

 

In addition to its responsibility to adapt the means of payment and credit policy to the necessities of the national economy, the Bank also promotes liquidity, solvency and good performance of the banking and financial institutions as well as the proper distributions of the credits; to keep the coordination of the economic and financial activities of the state with the monetary policy specially in its functions as banker, fiscal agent and advisor of the state.

The fundamental objects of the Bank of Republic of Guinea are to:

  ♦ To propitiate the monetary exchange and credit conditions;

  ♦ To contribute to the creation and maintenance of the most favorable conditions to the orderly development of the national economy; and

  ♦ To promote the stability in the general level of prices.

In achieving the objectives above, the Bank commits itself to providing effective support functions through a sound banking and financial control system, appropriate information system and the development of competent and qualified staff. Currency exchange centre in Guinea are only found in the city centre of the capital, Conakry.

Bank of Republic of Guinea HQ Location Map

Central Bank of Republic of Guinea
HQ Address: Boite Postale N° 692
Boulevard du Commerce
Commune de Kaloum
Conakry
Guinea
Telephone: +224 411 589
Facsimile: +224 414 898
Swift Code: REPCGNGN
Currency: Guinean francs
Banking Hours:
Mon - Fri  :  9.00am - 3.00pm
 

 

The Central Bank of the Republic of Guinea accepts that the credibility of its policy and actions is a prerequisite for the attainment of its goals and that such credibility can only be achieved and maintained through independent action, firmness of principle, resoluteness and fixed intent.

 

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