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Press Releases

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

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

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...

18 Nov
2016
CBOB De-risking Press Release

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...

07 Nov
2016
XLVIII (48th) Annual Monetary Studies Conference (2016) November 9 - 11, 2016

The Central Bank of the Bahamas is pleased to announce that during the period November 9-11, 2016, the Bank, in conjunction with the Caribbean Centre for Money and Finance (CCMF), will be hosting the XLVIII (48th) Annual...

07 Nov
2016
Exchange Control Liberalisation - Foreign Currency Financing Survey

Exchange Control Liberalisation - Foreign Currency Financing Survey

18 Oct
2016
Central Bank Corrects Public Debt to GDP Ratios

In October, 2016, the Central Bank published a revised version of the Quarterly Economic Review for June 2016.