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Press Releases

06 Jun
2017
PRESS RELEASE: Central Bank Appoints New Bank Inspector

The Central Bank announces the appointment of Mr. Charles Littrell as the new Inspector of Banks and Trust Companies, with effect from 26 June, 2017. He will head up the Bank Supervision Department and continue the Centr...

16 May
2017
Press Release:CENTRAL BANK INVITES PUBLIC COMMENTS ON E-MONEY OVERSIGHT FRAMEWORK

CENTRAL BANK INVITES PUBLIC COMMENTS ON E-MONEY OVERSIGHT FRAMEWORK

15 May
2017
REINSTATEMENT OF LENDING GUIDELINES

In October, 2016, the Central Bank of The Bahamas announced the temporary relaxation of lending guidelines to domestic banks to facilitate access by households and businesses to credit for relief purposes, in the afterma...

12 Apr
2017
Press Release: Central Bank Prepares the Administrative Process for Liberalised Exchange Control Measures

The Central Bank is providing the public with an update on the administrative preparations for the introduction of the Exchange Control liberalisation measures announced on 29th March, 2017. These measures will take effe...

12 Apr
2017
Press Release: Preparations Continue on the TB Donaldson Research Prize Competition

On 9th February, 2017, the Central Bank announced the establishment of the T. Baswell Donaldson Research Prize, and the launch of a competition to select a winning research paper on an economic or policy topic that has d...

03 Apr
2017
PRESS RELEASE Re: Exuma Wildlife $10 Silver Proof Coin

On April 3, 2017 the Central Bank of The Bahamas will introduce its "Exuma Wildlife" $10 Silver Proof coin, the third in a five-coin series celebrating the uniqueness of the Islands of The Bahamas.

29 Mar
2017
Relaxation of Capital Controls on Targeted Access to Foreign Currency Financing

The Government has approved the further liberalisation of Exchange Controls, targeting direct investment financing in foreign currency for certain local businesses. The Minister of Finance has agreed for these reforms to...

17 Mar
2017
Central Bank Of The Bahamas Introduces Market Pricing Model For Secondary Transactions In Bahamas Government Bonds

The Central Bank of The Bahamas is introducing a market based pricing formula for Bahamian dollar denominated Bahamas Government Registered Stocks (BGRS) that are traded in the secondary market.

13 Mar
2017
Governor's Presentation to the Young Presidents Organization

The Bahamas: Recent Economic Developments & Outlook

20 Feb
2017
Governor's Presentation at the Bahamas Chamber of Commerce & Employers' Confederation State of The Economy Report 2017

The Bahamas' Sovereign Ratings Downgrade: The Central Bank's Role in Reforms to Strengthen the Outlook

09 Feb
2017
The Central Bank Announces the Launch of the T. Baswell Donaldson Memorial Lecture and Research Competition Series

Mr. Timothy Baswell Donaldson was the first Governor of the Central Bank of the Bahamas, having led the organisation through its transition from the Bahamas Monetary Authority. The Bank's patronage of the arts under his...

28 Dec
2016
Central Bank Mourns the Passing of Sir K Dwight Venner former Governor of the ECCB

The Board of Directors, management and staff of the Central Bank, express their heartfelt condolences to the family and colleagues of Sir K Dwight Venner, who passed away on Thursday, December 22.

22 Dec
2016
Central Bank: Reduction in the Discount Rate by 50 basis points to 4.00%

The Central Bank wishes to advise the public of its decision to reduce the Discount Rate, by 50 basis points to 4.00 percent, effective immediately. The Bank expects financial institutions to follow suit with a correspo...

21 Dec
2016
Central Bank: No Pressure on the Bahamian Dollar from Credit Downgrade

The Central Bank wishes to advise the public that the recent downgrade of The Bahamas' sovereign debt to BB+/B from BBB-/A-3, will not exert pressure on the sustainability of The Bahamas' fixed exchange rate regime.

13 Dec
2016
The Central Bank Hosts the 11th Meeting of the Financial Stability Board's Regional Consultative Group for the Americas

The Central Bank Hosts the 11th Meeting of the Financial Stability Board's Regional Consultative Group for the Americas