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Press Releases

20 Sep
2006
Circulation of the new CRISP $20 Banknote

The Central Bank is pleased to announce that on September 6, 2006, it released into circulation the second denomination in its CRISP (Counterfeit Resistant Integrated Security Product) family of banknotes to continue to...

07 Jul
2006
Release of Financial Sector Survey of the Bahamas, 2005

The Central Bank of The Bahamas announces the release of its Annual Banking Survey for 2005.

13 Mar
2006
Privy Council Rules in SSBT Appeal

The Privy Council today, delivered its judgment in the appeal by Suisse Security Bank and Trust Limited ("SSBT") from the order of the Court of Appeal (Churaman, Ganpatsingh and Osadebay JJA) dated 29th June 2004, whereb...

17 Jan
2006
Relaxation of Exchange Control Restrictions on Capital Account Transactions

On Friday, January 13, 2006, the Central Bank of the Bahamas held a press conference at 9:50 a.m. to speak of Relaxing Capital Account Transactions from the perspective of Exchange Control.

18 Nov
2005
Quarterly Statistical Digest, November 2005

The Central Bank of the Bahamas is pleased to announce that as at November 2005, the Quarterly Statistical Digest would no longer contain separate information on Commercial Banks and Other Local Financial Institutions, i...

28 Oct
2005
XXXVII Annual Monetary Studies Conference

The Central Bank of The Bahamas and the Caribbean Centre for Monetary Studies will co-host the XXXVII Annual Monetary Studies Conference at the British Colonial Hilton Hotel, Nassau, Bahamas, November 1 - 4, 2005.

11 Oct
2005
CRISP $10 Banknote serial no. A161315 has been Counterfeited

After the introduction of a new family of banknotes - CRISP, it has been brought to the attention of the Central Bank that serial number A161315 has been counterfeited.

18 Jul
2005
Suspension of the Licence of Leadenhall Bank & Trust Company Limited and the Appointment of a Receiver

The Central Bank of The Bahamas has suspended the bank and trust licence of its licensee Leadenhall Bank and Trust Company Limited pursuant to section 18(2) and 18(4) of the Banks and Trust Companies Regulation Act, 2000...

14 Jul
2005
16th ARCBISS: Vendor Showcase

The 16th Annual Conference of Regional Central Banks' Information Systems Specialists (ARCBISS) is pleased to announce a Vendor Showcase from July 18, 2005

01 Jun
2005
Mrs. Wendy Craigg is Appointed Governor of the Central Bank of The Bahamas

The Central Bank of The Bahamas announces that Mrs. Wendy Craigg has been appointed, and assumes the position of Governor, with effect from today, 1st June 2005. As Governor, she also assumes the role of Chairman of the...

05 May
2005
The Clifton Heritage Authority Bonds Issue

The Clifton Heritage Authority announces the issue of Bonds totaling B$24.0 million.

26 Apr
2005
CRISP - Counterfeit Resistant Integrated Security Product

Counterfeit Resistant Integrated Security Product, a new family of banknotes will be issued for circulation in mid-2005.

31 Mar
2005
Retirement of Governor Julian W. Francis

The Ministry of Finance today announced the upcoming retirement of Governor Julian W. Francis, effective May 31, 2005.

14 Feb
2005
Reduction in the Discount Rate

After considering the persistent level of excess liquidity within the banking system and the outlook for these conditions, which remains buoyant, the Central Bank has decided to reduce the Discount Rate by 50 basis point...

01 Oct
2004
Latest Quarterly Economic Review

The Central Bank's Quarterly Economic Review for June 2004 is now available.