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Email:
hrinfo@centralbank.org.bb - Human Resources Matters
hrapplications@centralbank.org.bb - Applications for Employment
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Fax:
(246) 427-4074 - Accounts
(246) 437-3334 - Banking
(246) 436-7836 - Governor’s Office
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Address:
Tom Adams Financial Centre
Spry Street
Bridgetown
Barbados

News

News

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28 Feb 1974
East Caribbean currency notes ceased to be legal tender

East Caribbean currency notes ceased to be legal tender

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28 Feb 1974
Bank notes issued

Bank notes issued by the East Caribbean Currency Authority ceased to be legal tende...

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28 Feb 1974
Amendment to The Exchange Control Act, Laws of Barbados CAP 71

The Exchange Control Act, Laws of Barbados CAP 71, was amended to provide for full ...

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04 Feb 1974
The Bank issued its own coins.

The Bank issued its own coins.

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30 Jan 1974
Request from the Bank of Jamaica.

Arrangements for the purchase and repatriation of Jamaica bank notes were terminate...

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25 Jan 1974
The Central Bank terminated its special arrangements for buying Guyana bank notes

At the request of the Bank of Guyana, the Central Bank terminated its special arran...

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10 Jan 1974
Limit of $10 million on the Central Banks holdings of Barbados Treasury Bills.

The Board of Directors fixed a limit of $10 million on the Central Banks holdings o...

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18 Dec 1973
Currency Issued

The $10 notes and $100 notes were put into circulation.

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03 Dec 1973
Currency issued

The first national currency was issued

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03 Dec 1973
The rediscounting of commercial bank paper with the Central Bank

Discounts were mainly for loans to the sugar industry under the Agricultural Aids A...

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03 Dec 1973
The Central Bank stipulated that commercial banks maintain not less than 1% of their total...

(excluding inter-bank liabilities) in Government of Barbados treasury bills.

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03 Dec 1973
The Central Bank introduced a 2% legal cash reserve requirement

on total commercial bank deposit liabilities (excluding inter-bank deposits)

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17 Oct 1973
Ceilings were re-established

Ceilings were re-established with maximum deposit rates

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08 Oct 1973
Deposits fixed at 8% under the provisions of the Interest Rate Act 1970-47

"When the Central Bank began operations in 1973 the maximum interest rate on deposi...

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01 Jan 1973
The Minister of Finance and Planning delegated his functions as Exchange Control Authority...

The Minister of Finance and Planning delegated his functions as Exchange Control Au...

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