National emblem of Cape Verde National emblem of Cape Verde The national emblem of Cape Verde contains a circle within which is written the name of the nation in Portuguese. Within the circle are a torch and triangle, symbols of freedom and national unity. At the top of the shield is a plumbob, a symbol of righteousness; three chain links are at the bottom. This emblem replaces the earlier variant with the seashell that had been in use since independence. The current emblem was adopted in 1992. On 8 May 1935, Portugal introduced a new coat of arms for its colonies, including Cape Verde, São
Bank of Cape Verde Bank of Cape Verde The Bank of Cape Verde () is Cape Verde's central bank. Its headquarter is located on Avenida Amílcar Cabral, in the national capital of Praia on the island of Santiago. Its current governor is João António Pinto Coelho Serra, who is in office since December 2014. The government established the Bank of Cape Verde in 1975, as a bank that combined commercial banking and central banking functions. The government created the bank by nationalizing the operations of the Portuguese colonial and overseas bank, Banco Nacional Ultramarino, which had established its first branch in Cape Verde in