03Oct2017
“Financial Evolution – Exploring the Shift” In her remarks at the recent BITT Fintech Forum: Central Bank Meets Blockchain, Acting Deputy Governor of the Central Bank of Barbados, Michelle Doyle-Lowe spoke about the possibilities, challenges and unknowns related to the rapid emergence of financial technology....
27Sep2017
Issue of $100,000,000 Barbados Government 6.25% Treasury Note 2023 Applications are invited for subscription to this Treasury Note opening on Wednesday, September 27, 2017 for issue October 1, 2017. The Treasury Note will be issued at par with a fixed interest rate of 6.25% payable on March 31 and September 30 of each year. The interest due to Pensioners 60 years and over residing in Barbados will not be subject to withholding tax....
28Aug2017
Foreign Exchange Fee on Card Transactions Takes Effect From September 1 The fee was previously implemented on purchases of foreign cash, drafts and wire transfers on July 17, 2017....
11Aug2017
Review of Barbados' Economic Performance in the first six months of 2017 Preliminary data suggest that the expansion in real economic output continued into the second quarter, primarily reflecting sustained growth in tourism activity....
26Jul2017
In Search of Practical Solutions to Strengthen Economic Growth In his opening remarks at the 37th Annual Review Seminar, Governor (Ag) of the Central Bank of Barbados, Cleviston Haynes, noted that CARICOM countries have lagged behind the rest of the world in the rate of growth for the past 25 years....
24Jul2017
Dr. Justin Ram's Keynote Address at the Central Bank of Barbados' Annual Review Seminar 2017

Caribbean Development Bank's Chief Economist. Dr. Justin Ram, suggests delivery units be set up...

12Jul2017
Understanding the Foreign Exchange Fee (FXF) Deputy Governor (Ag.) of the Central Bank of Barbados, Michelle Doyle-Lowe, recently sat down with the organisation’s Public Affairs Officer to discuss the new two percent (2%) fee and how and when it will be applied. ...
03Jul2017
Service Organisations Play a Vital Role in Protecting Our Most Vulnerable In his remarks at the Rotary Club of Barbados South's Installation Ceremony, Central Bank of Barbados Governor (Ag.) Cleviston Haynes said "During an adjustment period, protection of the vulnerable is especially important, and charities and service organisations like the Rotary will be essential in designing and executing projects that help those most in need."...
27Jun2017
New Foreign Exchange Fee to take effect from Mid-July The new two (2) percent fee will be applied to purchases of foreign cash and payments for foreign wire transfers and bank drafts from July 17. Credit, debit and travel cards will be subject to the fee from September 1, the Central Bank of Barbados advised....
27Jun2017
Understanding and Adapting to Risks is Essential to Competitiveness and Growth In his remarks at the recent Sagicor Cave Hill School of Business Conference on Risk Management and Competitive Intelligence, Acting Central Bank of Barbados Governor, Cleviston Haynes, discussed several of the challenges, both international and domestic, that have resulted in slower than average growth rates in the region....
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