FAQs

The Central Bank

Does the Central Bank accept deposits from or make loans to the general public?

The Central Bank does not accept deposits or make loans to private individuals. However, as the banker to the Government, it accepts deposits from the Government, public corporations and international financial institutions. The Central Bank lends to the Government by means of direct advances and/or by buying Government securities, such as Treasury bills and Registered Stocks. The Bank may also lend to commercial banks, which is normally done against the security of Registered Stock.


  1. What are the main tools employed by the Central Bank in performing its functions?
  2. What are reserve requirements?
  3. What is the Discount (Bank) Rate and how does it relate to Discount Policy?
  4. What have been the changes in the Discount (Bank) Rate over the past few years?
  5. Does the Central Bank accept deposits from or make loans to the general public?
  6. How does the Central Bank make money?
  7. Who are the Bank's former Governors and Deputy Governors?
  8. Is the Central Bank a Government department?
  9. Is there any significance to the selection of the Sandollar as the Central Bank of The Bahamas' Logo?
  10. What Publications does the Central Bank produce and when are they made available to the public?
  11. How can I get copies of the Bank's publications and is there a charge or fee for them?
  12. What is monetary policy and how is it different from fiscal policy?


Available FAQs