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General News

30 Jun
2009
Quarterly Economic Review, March 2009

Preliminary data suggests that domestic economic activity contracted during the first quarter of 2009. Conditions were characterized by a sharp decline in tourism output, softer consumer demand and reduced stimulus to co...

02 Jun
2009
Monthly Economic and Financial Developments, April 2009

During the month of April, the domestic economy continued to be adversely affected by the global economic recession. In particular, lower occupancy levels and declining hotel room rates constrained output in the tourism...

12 May
2009
Business Sentiments / Confidence Survey

The Central Bank is pleased to announce the launch of the attached Business Sentiments / Confidence Survey. Private sector firms are invited to become ongoing participants in this exercise. The objective is to capture an...

04 May
2009
Monthly Economic and Financial Developments, March 2009

Preliminary data revealed that the global economic recession continued to adversely affect domestic economic activity during March, with persistent weakness in tourism and foreign investment-related construction activity...

01 Apr
2009
Monthly Economic and Financial Developments, February 2009

The fallout from the global financial crisis continued to impact the Bahamian economy during the review month, contributing to persistent weakness in tourism and foreign investments. Meanwhile, inflation remained at elev...

27 Mar
2009
Quarterly Economic Review, December 2008

The QER for December 2008 includes information on monetary and economic developments for the quarter. Also included in this QER is an article entitled:"Survey of Private Pension Plans in The Bahamas (2006-2007)".

03 Mar
2009
Monthly Economic and Financial Developments, January 2009

Initial data suggests that domestic economic activity remained weak during January, owing to the deepening effects of the global economic and financial crisis. The continued slowdown in tourism resulted in further job lo...

24 Feb
2009
Jr. Professionals Summer Programme

Committed to ensuring that potential financial services professionals are exposed to the best training and development opportunities, the Central Bank now introduces a Junior Professionals Summer Programme (JPSP), which...

16 Feb
2009
Dormant Account Reporting to the Central Bank

Dormant Account Reporting to the Central Bank

Consistent with the Central Bank's overall commitment to enhance the efficiency of its operations, we have recently developed the Dormant Account Web Reporting...

02 Feb
2009
Monthly Economic and Financial Developments, December 2008

During December, domestic economic developments continued to be adversely affected by the slump in global economic activity. Additional layoffs in the hotel sector pointed to significantly reduced seasonal activity and w...

02 Feb
2009
Quarterly Economic Review September 2008

The QER for September 2008 includes information on monetary and economic developments for the quarter.

02 Jan
2009
Monthly Economic and Financial Developments (November 2008)

Indications are that domestic economic activity continued to weaken during November, amid the deepening effects of the global economic meltdown. The outlook for tourism remained weak, hampered by uncertainty in US househ...

02 Dec
2008
Monthly Economic and Financial Developments October 2008

Domestic economic conditions continued to weaken during the month of October, as the negative effects of the turmoil in the global financial sector became more entrenched in real sector activity. Anecdotal evidence sugge...

10 Nov
2008
WARNING NOTICE, November 10, 2008

The Central Bank of The Bahamas issues warnings about dealing with named persons, whether these are individuals or companies, to alert the public and the financial services sector, that where such persons offer banking o...

06 Nov
2008
Monthly Economic and Financial Developments, September 2008

Global economic and financial conditions deteriorated rapidly during September, as the US financial crisis enveloped both developed and emerging markets. These developments have adversely affected the domestic economic o...