Search News using the form below. Leave the keyword field empty for a list of all entries in the selected category.
The Central Bank is pleased to release for consultation, the following draft legislation, which have been prepared to provide the legal framework for the Central Bank's supervision of payment systems in The Bahamas, the...
Although the global economy showed sustained signs of "bottoming out" during the review month, domestic economic conditions continued to be negatively impacted by the worsening of key economic indicators in several major...
Despite a short-term boost to the tourism sector, provided by the hosting of an international event during the review month, indications are that the effects of the worldwide economic recession continued to subdue domest...
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...
The QER for June 2009 includes information on monetary and economic developments for the quarter.
Despite modest signs that the global economic recession had started to stabilize during the review month, weakness in the major countries continued to feed through to the domestic economy. Consequently, activity in the t...
During the month of May, the global recession continued to negatively affect domestic economic developments. Available data on tourism activity revealed sustained weakness in the sector, owing to depressed demand conditi...
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...
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...
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...
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...
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...
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)".
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...
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...