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Meanings and definitions for BEAC
What does BEAC stand for? What does BEAC mean?
- The Bank of Central African States (French: Banque des États de l'Afrique Centrale, BEAC) is a central bank that serves six central African countries which form the Economic and Monetary Community of Central Africa:
Cameroon
Central African Republic
Chad
Equatorial Guinea
Gabon
Republic of the CongoIn December 2010, a WikiLeaks memo dated June 3, 2005, said that Gabonese officials working for the Bank of Central African States stole US$36 million over a period of five years from the pooled reserves, giving much of the money to members of France's two main political parties.
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