Central Bank of São Tomé and Príncipe

The Central Bank of São Tomé and Príncipe ( or BCSTP) is the central bank of São Tomé and Príncipe, a Portuguese-speaking island nation off the western equatorial coast of Central Africa.

History

At independence in 1975, the government converted the local branch of the Portuguese colonial bank, Banco Nacional Ultramarino, into the National Bank of São Tomé and Príncipe, which took on the functions of central bank, development bank, and commercial bank. The government created a monobank by bringing the only other commercial bank in the country, the Banco Popular de Angola (formerly Banco Comercial de Angola and now Banco de Poupança e Crédito), under the control of Banco Nacional and by merging its savings bank, the Caixa de Crédito.

In 1992, a reform law resulted in the National Bank giving up its development and commercial banking functions, focusing on central banking. With that reform, the bank took on its present name. The successor bank for the commercial banking functions was Banco Internacional de São Tomé e Príncipe (BISTP).

Governors Governors of the National Bank since independence Victor Manuel Lopes Correia, 1976-1981 Hildeberto Mário do Nascimento Séca, 1981-1983 Prudêncio Rita de Oliveira Rita, 1983-1988 Manuel de Nazaré Mendes, 1988-1992

Since the reform, passed on 24 August 1992, the bank had eight central governors: Adelino Castelo David, 1992–1994 Carlos Quaresma Batista de Sousa, 1995–1999 Maria do Carmo Silveira, 1999–2006 Arlindo Afonso Carvalho, 2006–2008 Luís Fernando Moreira de Sousa, 2009–2011 Maria do Carmo Silveira, 2011–2016 Hélio Silva Vaz de Almeida, 2016–2019. Américo Barros, 2019–2022 Américo Ramos, 2022–2025 Agostinho Fernandes, 2025–

See also Ministry of Finance and Planning (São Tomé and Príncipe) Economy of São Tomé and Príncipe List of central banks of Africa List of central banks

References

External links

Official website (Portuguese)