<Li> Guinea - Bissau </Li> <Li> Ivory Coast (Côte d'Ivoire) </Li> <P> The Bank is active in developing financial inclusion policy and is a member of the Alliance for Financial Inclusion . </P> <P> Its predecessor, the Institut d'Emission de l'Afrique Occidentale Française et du Togo, was created in 1955 and was transformed into BCEAO in 1959 . The treaty establishing the West African Monetary Union (UMOA), signed on May 12, 1962, gave BCEAO the exclusive right to issue the currency as the common central bank for the then seven member countries: </P>

Banque centrale des etats de lafrique de louest