Central Bank of Madagascar

Central Bank of Madagascar
Banky Foiben'i Madagasikara
Established1974
Ownership100% state ownership[1]
GovernorAivo Andrianarivelo[2]
Central bank ofMadagascar
CurrencyMalagasy ariary
Reserves750 million USD[1]
Websitewww.banky-foibe.mg

The Central Bank of Madagascar (Malagasy: Banky Foiben'i Madagasikara; French: Banque Centrale de Madagascar, BCM) is the central bank of Madagascar.

The bank's mission is to, in collaboration with the general government, and in observation of the laws of finance, to maintain the general political economy of Madagascar; and to maintain the national monetary reserves. The offices of the bank are located in Antananarivo.

The Central Bank of Madagascar is active in developing financial inclusion policy and is a member of the Alliance for Financial Inclusion.[3]

  1. ^ a b Weidner, Jan (2017). "The Organisation and Structure of Central Banks" (PDF). Katalog der Deutschen Nationalbibliothek.
  2. ^ Margulies, Ben (January 10, 2023). "Madagascar central bank has new governor". www.centralbanking.com.
  3. ^ "AFI members". AFI Global. 2011-10-10. Archived from the original on 2012-02-20. Retrieved 2012-02-17.