Cbg.gm
Title
Central Bank of The Gambia. CBG on the web
Description
This Department performs support services that are crucial to the success of the Bank’s activities. These include human resource management. Staff of the department help recruit, discipline and retire employees. They coordinate the implementation of training of Bank staff. They are also responsible for all procurement in the Bank and for repairs to all the Bank’s properties. In addition, this department arranges for travel of Bank staff and provide protocol services to Bank staff and visitors. They are also responsible for organising meetings and conferences.
The Banking Office is responsible for providing banking services to Government and commercial banks. They are also responsible for providing a safe and efficient payment and settlement system for The Gambia. They are currently playing an important role in the development of across border payment system for the West African Monetary Zone.
The Open Market Operations Unit plans and executes the Bank’s operations in the money market to ensure that interest rates are in line with the policy stance of the Bank. Their operational contact with money market participants enables them to contribute to the monetary policy formulation process in the Bank as well as contribute to the development of a money market. They manage the issue and redemption of the domestic debt of The Gambia.
