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News

04Apr2020
The Central Bank Continues Operations During the Extended Curfew This is to allow the local payments system to function and to facilitate critical international payments....
30Mar2020
Central Bank of Barbados Announces Monetary Policy Measures The measures are intended to mitigate the impact of the COVID-19 pandemic on the domestic banking sector....
25Mar2020
The Central Bank of Barbados has updated the Operational Risk Management Guideline On March 24, 2020, The Operational Risk Management Guideline was updated to provide additional guidance on pandemic plans....
25Mar2020
Security Council ISIL (Da’esh) and Al-Qaida Sanctions Committee Removes One Entry from Its Sanctions List

On 24 March 2020, the Security Council Committee pursuant to...

22Mar2020
Electronic Submission of Customs-Related Exchange Rate Requests Requests and relevant documentation should be sent via email....
18Mar2020
Central Bank of Barbados Encouraging People to Submit Forms Via Email Foreign currency forms and other documents should be sent via email....
09Mar2020
Changes to the Security Council ISIL (Da’esh) and Al-Qaida Sanctions Committee Sanctions List Three entries have been added to the sanctions list....
05Mar2020
High Bank Fees Have the Potential to Reduce Financial Inclusion “We could be faced with a situation where persons withdraw from the financial system either because they literally cannot afford to have a bank account, or because they are not willing, as I have heard said, to ‘pay banks to keep their money’.”...
02Mar2020
The Impact of the Debt Restructuring Barbados' credit rating his increased, and the debt to GDP ratio has fallen....
28Feb2020
Fighting Money-Laundering is Not Incompatible with Financial Inclusion Central Bank of Barbados Governor Cleviston Haynes says financial institutions must find ways comply with Know Your Customer requirements without excluding legitimate customers. ...
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