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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...
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)".
Initial data suggests that domestic economic activity remained weak during January, owing to the deepening effects of the global economic and financial crisis. The continued slowdown in tourism resulted in further job lo...
Committed to ensuring that potential financial services professionals are exposed to the best training and development opportunities, the Central Bank now introduces a Junior Professionals Summer Programme (JPSP), which...
Dormant Account Reporting to the Central Bank
Consistent with the Central Bank's overall commitment to enhance the efficiency of its operations, we have recently developed the Dormant Account Web Reporting...
During December, domestic economic developments continued to be adversely affected by the slump in global economic activity. Additional layoffs in the hotel sector pointed to significantly reduced seasonal activity and w...
The QER for September 2008 includes information on monetary and economic developments for the quarter.
Indications are that domestic economic activity continued to weaken during November, amid the deepening effects of the global economic meltdown. The outlook for tourism remained weak, hampered by uncertainty in US househ...
Domestic economic conditions continued to weaken during the month of October, as the negative effects of the turmoil in the global financial sector became more entrenched in real sector activity. Anecdotal evidence sugge...
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...
Global economic and financial conditions deteriorated rapidly during September, as the US financial crisis enveloped both developed and emerging markets. These developments have adversely affected the domestic economic o...
The QER for June 2008 includes information on monetary and economic developments for the quarter.
Initial data for August highlighted continued moderation in the economic momentum, reflecting a slowdown in the expansion of consumer demand, tempered construction activity and sustained weakness in the tourism sector. B...
The Central Bank of The Bahamas recently published the names of Banks and Trust Companies licensed in The Bahamas under the Banks and Trust Companies Regulation Act, 2000, as at 30th June, 2008.
During the month of July, softness in consumer spending and construction investments continued to restrain economic output growth, amid an environment of increasing price pressures. Money and credit trends featured stabl...