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 Uruguay) with the intention of destroying the "Liga Federal". The Brazilian forces, thanks to their numerical and material superiority, occupied Montevideo on January 20, 1817, and after struggling for three years in the countryside, defeated Artigas in the Battle of Tacuarembó. In 1821, the "Banda Oriental", was annexed by Brazil under the name of "Província Cisplatina". In response, the Thirty-Three Orientals, led by Juan Antonio Lavalleja, declared independence from Brazil on August 25, 1825, supported by the United Provinces of the Río de la Plata (present-day Argentina). This led to the 500-day Cisplatine War. Neither side gained the upper hand,