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News

Latest News

24 Nov
2009
Proposed Legislation for the Regulation of Payment Systems in The Bahamas

General News

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...

06 Nov
2009
Monthly Economic and Financial Developments, September 2009

General News

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...

05 Oct
2009
Monthly Economic and Financial Developments, August 2009

General News

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...

28 Sep
2009
Warning Notice: 28 September 2009

General News

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...

21 Sep
2009
Quarterly Economic Review, June 2009

General News

The QER for June 2009 includes information on monetary and economic developments for the quarter.

25 Aug
2009
The Central Bank of The Bahamas' 26th Annual Art Competition and Exhibition

Press Releases

The Annual Competition and Exhibition has been split from its 25 year format of hanging both High School and Open Categories in one exhibition to two separate exhibitions.

07 Aug
2009
Monthly Economic and Financial Developments, June 2009

General News

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...

02 Jul
2009
Monthly Economic and Financial Developments, May 2009

General News

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...

30 Jun
2009
Quarterly Economic Review, March 2009

General News

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...

02 Jun
2009
Monthly Economic and Financial Developments, April 2009

General News

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...

12 May
2009
Business Sentiments / Confidence Survey

General News

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...

04 May
2009
Monthly Economic and Financial Developments, March 2009

General News

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...

01 Apr
2009
Monthly Economic and Financial Developments, February 2009

General News

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...

27 Mar
2009
Quarterly Economic Review, December 2008

General News

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)".

04 Mar
2009
The Stability of the Domestic Banking System

Press Releases

Like any significant financial development, the ongoing CLICO matter has generated considerable public concern about the possible spillover effects on the local banking system.