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Press Releases

18 Jul
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
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
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
The Clifton Heritage Authority Bonds Issue

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

26 Apr
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
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
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
Latest Quarterly Economic Review

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

27 Sep
CBOB Website Upgrades

To help improve navigation through our website, we recently completed a few upgrades to better serve the electronic community.

15 Sep
Relaxation of Lending Guidelines for Hurricane Relief Loans

In the aftermath of damages caused by Hurricane Frances, and to facilitate access by households and businesses to credit facilities for relief purposes, the Central Bank of The Bahamas announces the temporary relaxation...

09 Aug
Removal of Lending Restrictions

The Central Bank of The Bahamas has today lifted the restriction on domestic banks' Bahamian dollar lending, that has been in effect since 20th September, 2001.

02 Jun
The Bahamas Inter-Bank Settlement System

Introduction of The Bahamas Inter-Bank Settlement System (BISS)

13 Feb
Recent Economic Developments and Prospects

Central Bank update on the economy to public service unions representatives

21 Jan
Governor's Speech Business Outlook 2004

On Tuesday January 20th, at the 13th Annual Bahamas Business Outlook, Central Bank Governor Julian W.

18 Dec
Domestic Economic Developments, 3rd Qtr 2003

The Central Bank announces the advance release of its summary of domestic economic developments for the third quarter of 2003.