The Central Bank of Seychelles (French: Banque centrale des Seychelles, Seychellois Creole: Labank santral Sesel), is the central bank of Seychelles. It was officially established on 1 January 1983, with the dissolution of its precursor, the Seychelles Monetary Authority.[3]
Central Bank of Seychelles Banque centrale des Seychelles Labank santral Sesel
The Central Bank of Seychelles building in Victoria
The offices of the bank are housed in the Central Bank Building on Independence Avenue in Victoria, the capital city of Seychelles. The three-storey building is fully air-conditioned and has 3,500 square metres (38,000 sq ft) of office and storage space.[4]
Historyedit
In 1974, the Currency Commission of the Seychelles was formed. In 1978, the Seychelles Monetary Authority was established, which in 1983 was transformed into the Central Bank of Seychelles (CBS). Up until 1982, the accounts of the Government of Seychelles were managed by Barclays Bank International. On 29 December 1982 that responsibility was transferred to CBS by passing the "Central Bank of Seychelles Act 1982". An amended "Central Bank of Seychelles Act 2004" provided for the autonomy of the bank within the Seychellois government structure.[5]
Governanceedit
The affairs of the bank are supervised by an eight-person board of directors, chaired by the bank governor. As of April 2020, the following eight individuals comprised the board.[6]
^Google (5 April 2020). "Location of the Central Bank Building, Victoria, Seychelles" (Map). Google Maps. Google. Retrieved 5 April 2020.
^ abWeidner, Jan (2017). "The Organisation and Structure of Central Banks" (PDF). Katalog der Deutschen Nationalbibliothek.
^Central Bank of Seychelles (5 April 2020). "The History of the Central Bank of Seychelles". Victoria, Seychelles: Central Bank of Seychelles. Retrieved 5 April 2020.
^Central Bank of Seychelles (5 April 2020). "The Central Bank Building". Victoria: Central Bank of Seychelles. Retrieved 5 April 2020.
^Central Bank of Seychelles (5 April 2020). "History Of The Bank". Victoria: Central Bank of Seychelles. Retrieved 5 April 2020.
^Central Bank of Seychelles (5 April 2020). "Board Members of Central Bank of Seychelles". Victoria: Central Bank of Seychelles. Retrieved 5 April 2020.
^ abcdefgSeychelles Nation (28 November 2013). "Exhibition traces evolution of central banking in Seychelles". Seychelles Nation Archives. Victoria. Retrieved 5 April 2020.
External linksedit
Central Bank of Seychelles
SWFI Profile
December 15, 2023
central, bank, seychelles, french, banque, centrale, seychelles, seychellois, creole, labank, santral, sesel, central, bank, seychelles, officially, established, january, 1983, with, dissolution, precursor, seychelles, monetary, authority, banque, centrale, se. The Central Bank of Seychelles French Banque centrale des Seychelles Seychellois Creole Labank santral Sesel is the central bank of Seychelles It was officially established on 1 January 1983 with the dissolution of its precursor the Seychelles Monetary Authority 3 Central Bank of SeychellesBanque centrale des Seychelles Labank santral SeselHeadquartersVictoria SeychellesCoordinates04 37 24 S 55 27 14 E 4 62333 S 55 45389 E 4 62333 55 45389 1 Established1 January 1983 40 years ago 1983 01 01 Ownership100 state ownership 2 GovernorCaroline AbelCentral bank ofSeychellesCurrencySeychellois rupeeSCR ISO 4217 Reserves530 million USD 2 Websitewww wbr cbs wbr sc Contents 1 Location 2 History 3 Governance 4 Governors 5 See also 6 References 7 External linksLocation edit nbsp The Central Bank of Seychelles building in VictoriaThe offices of the bank are housed in the Central Bank Building on Independence Avenue in Victoria the capital city of Seychelles The three storey building is fully air conditioned and has 3 500 square metres 38 000 sq ft of office and storage space 4 History editIn 1974 the Currency Commission of the Seychelles was formed In 1978 the Seychelles Monetary Authority was established which in 1983 was transformed into the Central Bank of Seychelles CBS Up until 1982 the accounts of the Government of Seychelles were managed by Barclays Bank International On 29 December 1982 that responsibility was transferred to CBS by passing the Central Bank of Seychelles Act 1982 An amended Central Bank of Seychelles Act 2004 provided for the autonomy of the bank within the Seychellois government structure 5 Governance editThe affairs of the bank are supervised by an eight person board of directors chaired by the bank governor As of April 2020 the following eight individuals comprised the board 6 Caroline Abel Governor and Chairperson Christopher Edmond First Deputy Governor Jenifer Sullivan Second Deputy Governor Errol Dias Director Bertrand Rassool Director William Otiende Ogara Director Frank Ally Attorney General Director Sherley Marie Director Governors edit nbsp Caroline AbelThe table below illustrates the names of the various Governors of the Central Bank of Seychelles from its inception on 1 January 1983 7 Governors of the Central Bank of Seychelles Since Inception Rank Governor From Until Notes1 Guy Morel January 1983 September 1991 7 2 Aboo Aumeeruddy September 1991 April 1995 7 3 Norman Weber May 1995 April 2001 7 4 Francis Chang Leng May 2001 October 2008 7 5 Pierre Frank Laporte November 2008 March 2012 7 6 Caroline Abel March 2012 present 7 See also edit nbsp Banks portalEconomy of the Seychelles List of banks in Seychelles List of central banks of Africa List of central banksReferences edit Google 5 April 2020 Location of the Central Bank Building Victoria Seychelles Map Google Maps Google Retrieved 5 April 2020 a b Weidner Jan 2017 The Organisation and Structure of Central Banks PDF Katalog der Deutschen Nationalbibliothek Central Bank of Seychelles 5 April 2020 The History of the Central Bank of Seychelles Victoria Seychelles Central Bank of Seychelles Retrieved 5 April 2020 Central Bank of Seychelles 5 April 2020 The Central Bank Building Victoria Central Bank of Seychelles Retrieved 5 April 2020 Central Bank of Seychelles 5 April 2020 History Of The Bank Victoria Central Bank of Seychelles Retrieved 5 April 2020 Central Bank of Seychelles 5 April 2020 Board Members of Central Bank of Seychelles Victoria Central Bank of Seychelles Retrieved 5 April 2020 a b c d e f g Seychelles Nation 28 November 2013 Exhibition traces evolution of central banking in Seychelles Seychelles Nation Archives Victoria Retrieved 5 April 2020 External links editCentral Bank of Seychelles SWFI Profile Retrieved from https en wikipedia org w index php title Central Bank of Seychelles amp oldid 1175576730, wikipedia, wiki, book, books, library,
