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Central Bank of Djibouti

 

Central Bank of Djibouti Logo

The Central Bank of Djibouti (French: Banque Centrale de Djibouti‎), the supervises, regulates and inspects financial institutions of the Republic of Djibouti, was created by order December 3,1977. The Central Bank of Djibouti responsible to issues the banknotes and coins.

 
 

The official Djibouti currency is Djiboutian Franc. The bank is responsible for managing the currency of Djibouti, the country's foreign exchange position and the national accounting.

Objectives of Central Bank of Djibouti:

1.To issue and redeem notes and coins;
2.To supervise, regulate and inspect any financial institution which operates in and from within Djibouti;
3.To promote the financial stability and soundness of financial institutions;

4.To supervise, regulate or approve the issue of financial instruments by financial institutions or by residents;
5.To assist with the detection and prevention of financial crime;
6.To foster close relations between financial institutions themselves and between the financial institutions and the Government;
7.To manage exchange control and regulate transactions in foreign currency or gold on behalf of the Government;
8.To advise and assist the Government and public bodies on banking and other financial and monetary matters; and
9.To perform such functions as may be necessary to fulfill the said objects.

In achieving the objectives as mentioned above, the Central 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.

Central Bank of Djibouti HQ Location Map

Central Bank of Djibouti
HQ Address: Avenue St Laurent du Var
2818
Djibouti City
Djibouti
Telephone: +253 35 27 51
Facsimile: +253 35 62 88
Website: www.banque-centrale.dj
Swift Code: BCDJDJJD
Currency: Djiboutian Franc
Banking Hours:
Sunday - Thursday : 7.15am - 11.45am
 

 

The Central Bank participates in the activities of international organizations that pursue economic stability in the monetary sector through international cooperation. All banks and the non-bank financial institutions in Djibouti, except for the securities market intermediaries, operate under the supervision of the Central Bank.
 
 

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