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Press Releases

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.

11 Oct
2016
Relaxation of Lending Guidelines for Hurricane Relief Facilities

In the aftermath of the damages caused by Hurricane Matthew, and to facilitate access by households and business to credit facilities for relief purposes, the Central Bank of The Bahamas announces the temporary relaxatio...

10 Oct
2016
Central Bank Donates $200,000 towards Hurricane Matthew recovery; will match staff donations

The Central Bank of The Bahamas announces that it will make a $200,000 donation to recovery efforts following Hurricane Matthew. Staff and other resources of the Bank will also be volunteered, to the extent possible, to...

04 Oct
2016
Press Release - Closure for Hurricane Matthew

PRESS RELEASE

NOTICE OF BANK CLOSURE

29 Sep
2016
The Central Bank Urges Vigilance against attempts at banking fraud using spoofed Email Addresses

The Central Bank advises its licensees and the public to use extreme caution when receiving emails or other communications, with instructions to make payment or transfer of funds of behalf of their purported clients.

26 Sep
2016
Circulation of New CRISP Evolution 10 Dollar Note

In-keeping with its commitment to refresh the design and security of its banknotes at least once every ten years, the Central Bank of The Bahamas is pleased to announce the launch of its newest family of banknotes, CRISP...

20 Jul
2016
Central Bank: No Imminent or Medium-Term Threat of Bahamian Dollar Devaluation

The Central Bank wishes to advise the public that contrary to speculation in today's local paper, there is no imminent or medium-term threat of devaluation of the Bahaman dollar. There are also no existing or emerging pr...