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News

Latest News

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

Press Releases

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
Monthly Economic and Financial Developments, November 2016

General News

Indications are that domestic economic activity remained mild during the review period, as tourism output softened, while the ongoing recovery from the effects of Hurricane Mathew”which impacted one in three households”a...

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

Press Releases

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
Quarterly Economic Review, September 2016

General News

The Central Bank of The Bahamas is pleased to announce the release of its Quarterly Economic Review for the Third Quarter of 2016. The Review provides an examination of the domestic economic performance, as well as secto...

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

Press Releases

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

Press Releases

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

12 Dec
2016
Nassau "Junkanoo" $10 Silver Proof Coin

Press Releases

PRESS RELEASE Re: Nassau "Junkanoo" $10 Silver Proof Coin On November 14, 2016, the Central Bank of The Bahamas will introduce its Nassau $10 Silver Proof coin, the second in a five-coin series celebrating the uniqueness...

08 Dec
2016
Relaxation of Capital Account - Governor's Speech

Speeches

THE EVOLUTION OF EXCHANGE CONTROLS IN THE BAHAMAS

PRESENTATION BY GOVERNOR JOHN A. ROLLE

THE ROTARY CLUB OF WEST NASSAU

WEST BAY STREET DECEMBER 8, 2016

06 Dec
2016
Results of the June 2016 Survey of Retail Banking Charges in The Bahamas

General News

The Central Bank administered its semi-annual survey of retail bank fees in June 2016, in order to determine the different types of charges incurred by residents for their various products and services. This exercise, wh...

29 Nov
2016
Monthly Economic and Financial Developments, October 2016

General News

Domestic developments for the month of October were dominated by the passage of Hurricane Matthew, which resulted in significant damage to both private and public sector infrastructure in the main centres of New Providen...

24 Nov
2016
NOTICE OF BGRS AVAILABILITY DECEMBER 2016

Public Notices

THE CENTRAL BANK OF THE BAHAMAS WILL RELEASE TO THE SECONDARY MARKET A PORTION OF ITS HOLDINGS IN BAHAMAS REGISTERED STOCK 2024

18 Nov
2016
Correspondent Banking Survey 2 - Summary Findings

General News

For full viewing of the Correspondent Banking Survey 2 - Summary Findings, please click on the file below.

18 Nov
2016
CBOB Statement on Correspondent Banking

General News

The Caribbean region is uniquely vulnerable to the effects of de-risking, given its reliance on tourism, trade, remittances and foreign direct investments. This fact was confirmed by the World Bank's publication Correspo...

18 Nov
2016
De-risking FAQs

General News

Frequently Asked Questions on De-Risking November 18, 2016

18 Nov
2016
CBOB De-risking Press Release

Press Releases

De-risking is the purposeful rejection or termination of financial relationships with clients or groups of clients considered "high risk" to avoid, rather than manage, risks. It often manifests itself as the withdrawal o...