Banque Centrale du Congo (BCC)/Central Bank of Congo (BCC)

General information

Organization name Banque Centrale du Congo (BCC)/Central Bank of Congo (BCC)
Country of operations Congo, Democratic Republic
Description The Central Bank of the Congo (BCC) is the DRC's monetary authority, established in 1960, responsible for price stability, managing reserves, overseeing banks, and regulating foreign exchange, acting independently to ensure the national currency's stability and support the government's economic goals through monetary policy and financial system supervision Key Functions & Mandate: Monetary Policy: Implements policies to maintain price stability for the Congolese Franc (CDF). Reserve Management: Holds and manages the nation's official foreign exchange reserves. Financial Supervision: Regulates credit institutions, microfinance, and other financial intermediaries. Exchange Control: Sets rules for foreign currency transactions and manages the exchange rate regime. Payment Systems: Promotes smooth clearing and payment system operations. Government Agent: Serves as the financial and fiscal agent for the government. Structure & Independence: Operates as a public law institution with legal independence, defined by its organic law (Law No. 005/2002). Headquartered in Kinshasa, with branches in key cities like Matadi and Kasumbalesa. Goals: Ensure internal and external stability of the national currency. Promote the development of money and capital markets
Type of buyer Government Organization
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Primary contact information

Name Mr. Andre Wameso Nkualoloki
Title Governor
Address 563, Colonel Tshatshi Blvd., P.O. Box 2697 KINSHASA/GOMBE Congo, Democratic Republic,KINSHASA,2697
Phone +243-81-07-50-340
Email info@bcc.cd
Website https://www.bcc.cd/

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