The Central Bank of Central African States (BEAC) is the central bank for six countries in Central Africa, including Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea, and Gabon. Established in 1972, its primary role is to manage the currency, ensure monetary stability, and oversee the banking system within these nations. BEAC issues the CFA franc, the common currency used by its member states, and implements monetary policy to promote economic growth and stability. The bank also plays a crucial role in regulating financial institutions and facilitating regional economic integration among its member countries.