Central Bank of The Bahamas

• Banknotes

Bahamian banknotes will feature three different substrates

The Caribbean nation is set to issue the highest denominations of its new series on a paper/polymer hybrid used by the Swiss National Bank; the new substrate offers a wider range of features

• 09 Jun 2017

• Foreign Exchange

Bahamas further relaxes capital controls

Specific sectors of the economy will be able to obtain foreign exchange from banks both at home and abroad; non-resident firms to gain credit from international banks licensed in the Bahamas

• 31 Mar 2017

• Micro-prudential

Technology provider of the year (supervision): Vizor Software

Vizor Software has transitioned from a niche consultancy to a technology provider of choice for central banks in 30 countries, including Canada, the UK and Saudi Arabia

• 13 Feb 2017

• Financial Stability

Bahamas makes $200,000 donation in wake of Hurricane Matthew

Central Bank of the Bahamas contribution of $200,000 to relief effort is in addition to typical policy responses; $50,000 being donated to relief efforts in Haiti

• 21 Oct 2016

• Banknotes

Bahamas launches new banknote series with innovative security thread

Central Bank of Bahamas launches “Crisp Evolution” series, the first “circulation banknote” to feature new colour-changing security thread; $10 note to enter circulation immediately

• 28 Sep 2016

• People

Governor Craigg ends 37 years of service at the Central Bank of the Bahamas

Former finance secretary John Rolle succeeds Wendy Craigg, who takes up the role of adviser to the prime minister

• 05 Jan 2016

• Financial Stability

Caribbean countries should use fiscal policy to fight exchange market pressure

Report from economists of several Caribbean central banks lays out the path for fiscal sustainability in the region; recommends using exchange market pressure as trigger for fiscal correction

• 17 Apr 2015