Central Bank of The Bahamas

The Central Bank of the Bahamas, founded in 1974, is the island nation’s central bank.

Functions of Central Bank of The Bahamas:
It is responsible for maintaining the Bahamas monetary and fiscal stability while achieving sustainable economic development.

Some of the bank’s important functions are:
Maintenance of the banking system
Safeguarding the nation’s currency
Managing the foreign exchange reserves
Acting as a banker to banks and the government
Fostering economic development
Organisational Structure:
With regards to its organizational structure, there are a number of committees that ensure optimal functioning of the bank. They are:
Monetary Policy Committee
Investment Committee
Pension Administrative Committee
Insurance Committee
Promotions Committee and
In-Service Awards Committee.
Contact Details:
Central Bank Bahamas
P.O. Box N 4868
Nassau, N.P. BAHAMAS
Phone: ++1-242-3 22 21 93
Fax: ++1-242-3 22 43 21
Website: www.centralbankbahamas.com

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Last Updated on : 30th July 2013

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