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
Demographics of Brazil first region to be settled by the Portuguese was Northeastern Brazil, followed by the Southeast region. The original Amerindian population of Brazil (between two and five million) largely died from disease or violence or was assimilated into the Portuguese population. The Mamelucos (or Caboclos, a mixed race between Europeans and Amerindians) have always been present in many parts of Brazil. Another important ethnic group, Africans, first arrived as slaves. Many came from Guinea, or from West African countries – by the end of the eighteenth century many had been taken from the Kingdom of Kongo and modern-day Angola, Mozambique, Ghana