Bank of Mozambique created Government of Mozambique took over, without compensation, the Mozambican operations of Banco Nacional Ultramarino, a Portuguese colonial bank that had been acting as the bank of issue for the colony. This became the nucleus of Bank of Mozambique. In 1977 the government also nationalized almost all banks in the country, including the Casa Bancária de Moçambique, and the Mozambican operations of Banco de Crédito, Comercial e Industrial and Banco Comercial de Angola, and merged them into Bank of Mozambique. At the same time it closed the operations of Banco de Fomento Nacional and Banco Pinto e Sotto Mayor. (The
1851 Boundary Treaty (Brazil–Uruguay) exports. The treaties also acknowledged Uruguay's debt to Brazil for its aid against the Blancos, and Brazil's commitment for granting an additional loan. In addition, Uruguay renounced its territorial claims north of the Quaraí River, thereby reducing its area to about 176,000 square kilometers, and recognized Brazil's exclusive right of navigation in the Lagoa Mirim and the Jaguarão River, the natural border between the countries. However, a dispute still exists in the vicinity of Masoller over which creek was meant to mark the border in that area. 1851 Boundary Treaty (Brazil–Uruguay) The 1851 Boundary Treaty established between Brazil and Uruguay