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
Brazil–Uruguay relations Lances ("Revolución de las Lanzas") (1870–1872), and later with the uprising of Aparicio Saravia, who was fatally injured at the Battle of Masoller (1904). On 30 July 2010, President Luiz Inacio Lula da Silva of Brazil and Uruguays' José Mujica signed cooperation agreements on defence, science, technology, energy, river transportation and fishing with the hope of accelerating political and economic integration between these two neighbouring countries. The Brazil–Uruguay border extends . The close geographic proximity of some Brazilian and Uruguayan cities or urban centers have led them to be called "twin cities". These cities usually share close demographic, economic, and