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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...
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...
General News
The QER for June 2009 includes information on monetary and economic developments for the quarter.
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.
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...
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...
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...
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...
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...
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...
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...
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)".
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.
General News
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...
General News
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...