The Central Bank of Barbados is standardising how it compiles its monetary data to conform to the IMF's Monetary and Financial Statistics Manual and to better align the monetary series with the IMF's Standard Reporting Forms (SRFs). The IMF introduced the SRFs in 2004 and in 2013 the Bank rolled out new common reporting forms for the domestic entities that it regulates. The Government of Barbados’ entry into a four-year Extended Fund Facility arrangement with the IMF on October 2018 (IMF-EFF), also required changes to the way in which statistics for the deposit taking financial system is reported to be consistent with IMF requirements These requirements included the Central Bank Survey, Other Depository Corporations Survey (banks, credit unions and other deposit-taking corporations) and Depository Corporations Survey. Barbados’ First Review under the IMF-EFF was completed in June 2019.

The financial institutions’ data can be accessed from 2012 and onwards in the new format on this page. To access historical data, please refer to the Historical Data page.

The following information is for the entire Deposit Taking Financial System and is presented in the following broad sections:

  • International Reserves, Net Domestic Assets and Monetary Base
  • Analytical Surveys of the IMF
  • Investments Based on Supplementary Schedules
  • Commercial Banks’ Deposit Liabilities Based on Supplementary Schedules
  • Commercial Banks’ Loans and Advances Based on Supplementary Schedules
  • Other Commercial Banks’ Information

Please be sure to review the associated Terms of Use. All queries related to CBBWEBSTATS should be sent to statistics@centralbank.org.bb.

INTERNATIONAL RESERVES, NET DOMESTIC ASSETS AND MONETARY BASE

This information is based solely on the balance of the Central Bank of Barbados and details variable such as Gross Foreign Assets (GFA), Gross International Reserves (GIR), Net International Reserves (NIR), Reserve Liabilities, Net Domestic Assets (NDA) and the Monetary Base. Please be aware that the calculation of international reserves was revised to be more in line with current IMF guidelines. Details on the adjustment were shared in a general press release dated November 6, 2018. It is important to be aware that subsequently foreign assets in the Central Bank’s staff pension fund as well as Government of Barbados foreign sinking funds’ assets were excluded from the calculation of reserves.

  1. International Reserves, Net Domestic Assets and Monetary Base (Tables A2, A3)

ANALYTICAL SURVEYS OF THE IMF

Bridging templates are used to transform various types and formats of balance sheets (and select accounting records) into the IMF’s standard sectoral balance-sheet-like structures. These templates are then used to generate analytical surveys that can be compared across various countries. In some instances, where the balance sheets are not available with the preferred level of granularity, assumptions are made. Three analytical surveys are used for the deposit-taking financial system, which reflect the following aggregates: Net Foreign Assets (NFA), Net Claims on Central Government (NCCG), Claims on Other Resident Sectors (CORS) and Other Items Net (OIN).

For the deposit-taking financial system of Barbados these surveys are based on information related to the Central Bank of Barbados, the commercial banks, the deposit-taking Part III entities and the credit unions.

Central Bank Survey
This information is based on the balance sheets of the Central Bank of Barbados (the Bank) and two special purpose facilities owned by the Bank, namely the Export Credit Insurance Fund (ECIF) and the Small Business Guarantee Fund (SBGF). In addition to this analytical survey, select perspectives of the sectoral balance-sheet-like structure upon which it is based are also shared:

  1. Central Bank Survey (Table A1)
  2. Central Bank's Foreign Assets by Currency - Claims Only (Table A4)
  3. Central Bank Assets and Liabilities (Tables A5A, A5B, A6A, A6B)

Other Depository Corporations Survey
This information is compiled from the balance sheets of the commercial banks, deposit-taking Part III entities and credit unions. In addition to this analytical survey, select perspectives of the sectoral balance-sheet-like structure upon which it is based are also shared.

Of special note are Tables B2C, B3C and B4C which reflect a sectoral breakdown of loans & advances. Similarly, Tables B2D, B3D and B4D reflect a sectoral breakdown of deposit liabilities.

  1. Other Depository Corporations Survey (Table B1)
  2. Other Depository Corporations Assets and Liabilities (Tables B1A, B1B)
  3. Commercial Banks' Assets and Liabilities (Tables B2A, B2B)
  4. Commercial Banks' Loans and Advances (Table B2C)
  5. Commercial Banks' Deposit Liabilities (Table B2D)
  6. Assets and Liabilities of Trust and Finance Companies and Merchant Banks (Part IIIs) (Tables B3A, B3B)
  7. Total Loans and Advances of Trust and Finance Companies and Merchant Banks (Table B3C)
  8. Deposit Liabilities of Trust and Finance Companies and Merchant Banks (Table B3D)
  9. Credit Unions' Assets and Liabilities (Tables B4A, B4B)
  10. Credit Unions' Loans and Advances (Table B4C)
  11. Credit Unions' Deposit Liabilities (Table B4D)

Depository Corporations Survey
The Central Bank Survey and the Other Depository Corporations Survey are consolidated to produce the Depository Corporations Survey. Through this analytical survey, the “ broad money” variable is generated. This variable fundamentally gives a sense of the sum of money available to the public in Barbados. In this context “the public” means the “money-holding sectors” such as non-deposit taking financial institutions, non-financial corporations, business firms and individual households. The information is presented with sufficient granularity to also allow users to derive more narrow measures of money supply.

In addition to this analytical survey, information has also been shared on other select indicators of the Depository Corporations. Select Indicators of Depository Corporations include, among other things: (a) ODC’s deposits liabilities by currency (this excludes any deposits due to ODCs) and (b) ODC’s loans & advances by currency (this excludes any loans and advances extended to ODCs).

  1. Depository Corporations Survey (Tables C1, C1A)
  2. Selected Indicators of Depository Corporations (Tables C2, C3, C4)

INVESTMENTS BASED ON SUPPLEMENTARY SCHEDULES

Based on supplementary schedules, the following tables provide provisional investment information reported at book value.

  1. Commercial Banks’ Investment Portfolio by Country - (Table B2F)
  2. Investment Portfolio by Country of Trust and Finance Companies and Merchant Banks (Part IIIs) - (Table B3F)

COMMERCIAL BANKS’ DEPOSIT LIABILITIES BASED ON SUPPLEMENTARY SCHEDULES

Based on supplementary schedules, the following tables provide provisional deposit liabilities information before estimated accrued interest is included. Deposit liabilities are grouped by currency and deposit types: call, demand, savings and time deposits. They are also grouped by money issuer, money neutral and money holding sectors – and their sub-components. Private non-financial corporations are disaggregated by type of business.

  1. Commercial Banks’ Deposit Liabilities - Summary (Table B2E)
  2. Commercial Banks’ Total Deposit Liabilities (Table B2E1)
  3. Commercial Banks’ Deposit Liabilities to Private Non-Financial Corporations (Table B2E1A)
  4. Commercial Banks’ Deposit Liabilities - Demand (Table B2E2)
  5. Commercial Banks’ Deposit Liabilities - Savings (Table B2E3)
  6. Commercial Banks’ Deposit Liabilities - Time (Table B2E4)

COMMERCIAL BANKS’ LOANS AND ADVANCES BASED ON SUPPLEMENTARY SCHEDULES

Based on supplementary schedules, the following tables provide provisional loans and advances information by type of loans: overdrafts, demand loans, mortgages, credit cards, leases and other loans and advances. They are also grouped by money issuer, money neutral and money holding sectors – and their sub-components. Private non-financial corporations are disaggregated by type of business.

  1. Commercial Banks’ Loans and Advances - Summary (Table B2C-expanded)
  2. Commercial Banks’ Total Loans and Advances (Table B2C1)
  3. Commercial Banks’ Loans and Advances to Private Non-Financial Corporations (Table B2C2)
  4. Commercial Banks’ Total Loans and Advances – Mortgages (Table B2C3)
  5. Commercial Banks’ Loans and Advances to Private Non-Financial Corporations – Mortgages (Table B2C4)

OTHER COMMERCIAL BANKS INFORMATION

Commercial Banks’ Clearings
As noted in the 2018 Financial Stability Report “Transactional platforms, namely the Caribbean Integrated Financial Services Incorporated (CARIFS), the Barbados Automated Clearing House Services Incorporated (BACHSI) and the Central Bank's Real Time Gross Settlement (RTGS) system, directly facilitated 55 percent of all domestic payments”. While CARIFS and BACHSI tend to process low-value transactions in high volume, the RTGS tends to facilitate high-value transactions in a smaller quantity. Overall, BACHSI payments are basically utilized for bulk direct debit payments and bulk cheque processing.

The RTGS system, which is used to transmit funds across the various financial institutions’ accounts, facilitates the net settlement of payment transactions processed by CARIFS and BACHSI.

Most financial institution payments for persons in Barbados are processed through the BACHSI. For instance, many employers pay salaries via direct payments to individuals’ bank accounts through the clearing house, in addition, various bills are paid online using bank accounts and the accounts of service providers, which is processed through BACHSI.

This data provides the number of “clearing days”, as well as the total value of transactions cleared through BACHSI.

  1. Commercial Banks’ Clearings (Table B2H)

Central Bank Survey

Central Bank of Barbados survey showing the detailed composition of net foreign assets (NFA), net claims on the central government (NCCG), claims on other depository corporations (CODC), claims on other sectors of the economy (COSE), other items net (OIN), and monetary base (MB).  This information is based on the balance sheet of the Central Bank of Barbados, the Export Credit Insurance Fund (ECIF) and the Small Business Guarantee Fund (SBGF), two special purpose facilities owned by the Bank.

15Jun2020
Central Bank of Barbados Survey May 2020

Table A1 containing the CBB Survey was updated to May 2020 and...

26May2020
Central Bank of Barbados Survey April 2020

Table A1 containing the CBB Survey was updated to April 2020 and includes a new table, Table A1A...

05May2020
Central Bank of Barbados Survey March 2020

Table A1 containing the CBB Survey was updated to March 2020 and includes a new table, Table A1A...

20Mar2020
Central Bank of Barbados Survey February 2020 Table A1 containing the CBB Survey was updated to February 2020 and includes a new table, Table A1A...
09Mar2020
Central Bank of Barbados Survey January 2020 Table A1 containing the CBB Survey was updated to January 2020 and includes a new table, Table A1A...
1 2 3

International Reserves, Net Domestic Assets, and Monetary Base

Showing details of Gross Foreign Assets (GFA), Gross International Reserves (GIR), Net International Reserves (NIR), Reserve Liabilities, Net Domestic Assets (NDA) and Monetary Base. (The calculation of international reserves has been revised in accordance with current IMF guidelines. Details on the adjustment have been shared in a general press release of November 6, 2018: click to view). This information is based solely on the balance sheet of the Central Bank of Barbados.

15Jun2020
Monetary Base and Net Domestic Assets May 2020 Tables A2 and A3 containing the International Reserves, NDA and Monetary Base were updated to May...
26May2020
Monetary Base and Net Domestic Assets April 2020

Tables A2 and A3 containing the International Reserves, NDA and Monetary Base were updated to...

05May2020
Monetary Base and Net Domestic Assets March 2020

Tables A2 and A3 containing the International Reserves, NDA and Monetary Base were updated to...

20Mar2020
Monetary Base and Net Domestic Assets February 2020 Tables A2 and A3 containing the International Reserves, NDA and Monetary Base were updated to...
09Mar2020
Monetary Base and Net Domestic Assets January 2020 Tables A2 and A3 containing the International Reserves, NDA and Monetary Base were updated to...
1 2 3

Central Banks' Foreign Assets by Currency

This information is based solely on the balance sheet of the Central Bank of Barbados and is intended to align with the IMF's Currency Composition of Foreign Exchange Reserves (COFER).

15Jun2020
Central Banks' Foreign Assets By Currency May 2020

This information is based solely on the balance sheet of the Central...

27May2020
Central Banks' Foreign Assets By Currency April 2020 This information is based solely on the balance sheet of the Central Bank of Barbados and is...
05May2020
Central Banks' Foreign Assets By Currency March 2020 This information is based solely on the balance sheet of the Central Bank of Barbados and is...
20Mar2020
Central Banks' Foreign Assets By Currency February 2020 This information is based solely on the balance sheet of the Central Bank of Barbados and is...
09Mar2020
Central Banks' Foreign Assets By Currency January 2020 This information is based solely on the balance sheet of the Central Bank of Barbados and is...
1 2 3

Central Bank Assets and Liabilities

This information is based solely on the balance sheet of the Central Bank of Barbados.

15Jun2020
Central Bank of Barbados Assets and Liabilities May 2020 Tables A5A, A5B, A6A, A6B containing details on Central Bank assets and liabilities were updated to...
26May2020
Central Bank of Barbados Assets and Liabilities April 2020

Tables A5A, A5B, A6A, A6B containing details on Central Bank assets and liabilities were updated...

05May2020
Central Bank of Barbados Assets and Liabilities March 2020

Tables A5A, A5B, A6A, A6B containing details on Central Bank assets and liabilities were updated...

20Mar2020
Central Bank of Barbados Assets and Liabilities February 2020 Tables A5A, A5B, A6A, A6B containing details on Central Bank assets and liabilities were updated to...
09Mar2020
Central Bank of Barbados Assets and Liabilities January 2020 Tables A5A, A5B, A6A, A6B containing details on Central Bank assets and liabilities were updated to...
1 2 3

Other Depository Corporations Survey

Other Depository Corporations (ODC) survey shows gross items for NFA, claims on the CBB, net claims on the CG (NCCG), COSE, OIN, deposits included in broad money (BM), deposits excluded from BM, and liabilities to the CBB. This information is based on the balance sheet of the commercial banks, the deposit-taking Trust and Finance Companies and Merchant Banks (Part IIIs), and the Credit Unions. All but the credit union data is received monthly. The credit union data is received quarterly.

15Jun2020
Other Depository Corporations Survey April 2020

Table B1 containing the ODC Survey was updated to April 2020. The...

18May2020
Other Depository Corporations Survey March 2020 Table B1 containing the ODC Survey was updated to March 2020. The data starts January 2012. It is...
17Apr2020
Other Depository Corporations Survey February 2020 Table B1 containing the ODC Survey was updated to February 2020....
16Mar2020
Other Depository Corporations Survey January 2020

Table B1 containing the ODC Survey was updated to January 2020. The...

19Feb2020
Other Depository Corporations Survey December 2019

Table B1 containing the ODC Survey was updated to December 2019. The data starts January 2012. It...

1 2 3

Other Depository Corporations Assets and Liabilities

This information is based on the collective balance sheets of all deposit-taking entities. The data starts January 2012.

15Jun2020
Other Depository Corporations Assets and Liabilities April 2020

Tables B1A and B1B containing details on ODC assets and liabilities...

18May2020
Other Depository Corporations Assets and Liabilities March 2020 Tables B1A and B1B containing details on ODC assets and liabilities were updated to March 2020....
17Apr2020
Other Depository Corporations Assets and Liabilities February 2020

Tables B1A and B1B containing details on ODC assets and liabilities were updated to February...

16Mar2020
Other Depository Corporations Assets and Liabilities January 2020 Tables B1A and B1B containing details on ODC assets and liabilities were updated to January 2020....
19Feb2020
Other Depository Corporations Assets and Liabilities December 2019

Tables B1A and B1B containing details on ODC assets and liabilities were updated to December...

1 2 3

Commercial Banks’ Assets and Liabilities

This information is based the balance sheets of all commercial banks. The data starts January 2012.

15Jun2020
Commercial Banks' Assets and Liabilities April 2020 Tables B2A and B2B containing details on commercial banks’ assets and liabilities were updated to...
18May2020
Commercial Banks' Assets and Liabilities March 2020 Tables B2A and B2B containing details on commercial banks’ assets and liabilities were updated to...
17Apr2020
Commercial Banks' Assets and Liabilities February 2020

Tables B2A and B2B containing details on commercial banks’ assets and liabilities were updated to...

16Mar2020
Commercial Banks' Assets and Liabilities January 2020 Tables B2A and B2B containing details on commercial banks’ assets and liabilities were updated to...
19Feb2020
Commercial Banks' Assets and Liabilities December 2019

Tables B2A and B2B containing details on commercial banks’ assets and liabilities were updated to...

1 2 3

Loans and Deposit Liabilities

This loan assets and deposit liabilities information is based on the respective balance sheets of Commercial Banks, Credit Unions, and Trust and Finance Companies and Merchant Banks (Part III). The data starts January 2012. Tables B2C and B2D relate to commercial banks, Tables B3C and B3D relate to deposit taking Part IIIs, and Tables B4C and B4D relate to credit unions.

15Jun2020
Loan Assets And Deposit Liability April 2020 (B2C - B4D)

Tables B2C, B2D, B3C, B3D, B4C, and B4D containing loan and deposit...

18May2020
Loan Assets And Deposit Liability March 2020 (B2C - B4D) Tables B2C, B2D, B3C, B3D, B4C, and B4D containing loan and deposit liabilities information (for...
17Apr2020
Loan Assets And Deposit Liability February 2020 (B2C - B4D) Tables B2C, B2D, B3C, B3D, B4C, and B4D containing loan and...
16Mar2020
Loan Assets And Deposit Liability January 2020 (B2C - B4D)

Tables B2C, B2D, B3C, B3D, B4C, and B4D containing loan and deposit...

20Feb2020
Loan Assets And Deposit Liability December 2019 (B2C - B4D)

Tables B2C, B2D, B3C, B3D, B4C, and B4D containing loan and deposit liabilities information (for...

1 2 3

Assets and Liabilities of Trust and Finance Companies and Merchant Banks (Part IIIs)

This information is based the balance sheets of all Trust and Finance Companies and Merchant Banks. The data starts January 2012.

15Jun2020
Part IIIs' Assets and Liabilities April 2020 Tables B3A and B3B containing details on Part IIIs’ assets and liabilities were updated to April...
18May2020
Part IIIs' Assets and Liabilities March 2020 Tables B3A and B3B containing details on Part IIIs’ assets and liabilities were updated to March...
17Apr2020
Part IIIs' Assets and Liabilities February 2020

Tables B3A and B3B containing details on Part IIIs’ assets and liabilities were updated to...

16Mar2020
Part IIIs' Assets and Liabilities January 2020 Tables B3A and B3B containing details on Part IIIs’ assets and liabilities were updated to January...
20Feb2020
Part IIIs' Assets and Liabilities December 2019

Tables B3A and B3B containing details on Part IIIs’ assets and liabilities were updated to...

1 2 3

Credit Unions’ Assets and Liabilities

This information is based the balance sheets of all Credit Unions regulated by the Financial Services Commission (FSC). The data starts January 2012. This information is received quarterly from the FSC – as at March, June, September and December.

15Jun2020
Credit Unions Assets and Liabilities April 2020

Tables B4A and B4B containing details on Credit Unions assets and...

18May2020
Credit Unions Assets and Liabilities March 2020 Tables B4A and B4B containing details on Credit Unions assets and liabilities were updated to March...
17Apr2020
Credit Unions Assets and Liabilities February 2020 Tables B4A and B4B containing details on Credit Unions assets and...
16Mar2020
Credit Unions Assets and Liabilities January 2020

Tables B4A and B4B containing details on Credit Unions assets and...

20Feb2020
Credit Unions Assets and Liabilities December 2019

Tables B4A and B4B containing details on Credit Unions assets and liabilities were updated to...

1 2

Depository Corporations Survey

Depository Corporations (DC) survey is the consolidation of CBB and ODC surveys showing the gross it's for CBB NFA, ODC NFA, ODC NCCG, COSE, OIN and BM.  This information is based on the balance sheet of the Central Bank of Barbados, the Export Credit Insurance Fund (ECIF) and the Small Business Guarantee Fund (SBGF), the balance sheet of the commercial banks, the deposit-taking Trust and Finance Companies and Merchant Banks (Part IIIs), and the Credit Unions.

15Jun2020
Depository Corporation Survey April 2020 Tables C1 and C1A containing the DC Survey were updated to April 2020. The data starts January 2012....
18May2020
Depository Corporation Survey March 2020 Tables C1 and C1A containing the DC Survey were updated to March 2020. The data starts January 2012....
17Apr2020
Depository Corporation Survey February 2020

Tables C1 and C1A containing the DC Survey were updated to February 2020. The data starts January...

16Mar2020
Depository Corporation Survey January 2020 Tables C1 and C1A containing the DC Survey were updated to January 2020. The data starts January...
20Feb2020
Depository Corporation Survey December 2019

Tables C1 and C1A containing the DC Survey were updated to December 2019. The data starts January...

1 2 3

Selected Indicators of Depository Corporations

Select Indicators of Depository Corporations include, among other things: (a) ODC’s deposits liabilities by currency (this excludes any deposits due to ODCs) and (b) ODC’s loans & advances by currency (this excludes any loans and advances extended to ODCs)

15Jun2020
Selected Indicators of Depository Corporations April 2020

Tables C2 - C4 containing select indicators of depository...

18May2020
Selected Indicators of Depository Corporations March 2020 Tables C2 - C4 containing select indicators of depository corporations (including loans and deposit...
17Apr2020
Selected Indicators of Depository Corporations February 2020

Tables C2 - C4 containing select indicators of depository corporations (including loans and...

16Mar2020
Selected Indicators of Depository Corporations January 2020 Tables C2 - C4 containing select indicators of depository corporations (including loans and deposit...
20Feb2020
Selected Indicators of Depository Corporations December 2019

Tables C2 - C4 containing select indicators of depository corporations (including loans and...

1 2 3

Investments Based On Supplementary Schedules

This is provisional investment information reported at book value, based on supplementary schedules.

03Mar2020
Investments (Provisional) 2014 - December 2019

Tables B2F - B3F containing provisional investment information reported at book value, were...

31Oct2019
Investments (Provisional) 2014 - August 2019

Tables B2F - B3F containing provisional investment information reported at book value, were...

Commercial Banks’ Provisional Deposit Liabilities

Deposit liabilities are grouped by currency and deposit types (call, demand, savings and time deposits), and as well as by money issuer, money neutral and money holding sectors – and their sub-components. Private non-financial corporations are disaggregated by type of business.

This information is based on supplementary schedules, before estimated accrued interest is included.

09Mar2020
Commercial Banks Provisional Deposit Liabilities December 2019 B2Es tables, containing provisional deposit liabilities data, were updated to December 2019...
09Oct2019
Commercial Banks Provisional Deposit Liabilities August 2019

B2Es tables, containing provisional deposit liabilities data, were updated to August 2019

...
03Oct2019
Commercial Banks Provisional Deposit Liabilities July 2019

B2Es tables, containing provisional deposit liabilities data, were updated to July 2019

...

Commercial Banks’ Loans And Advances

Provisional loans and advances information is grouped by type of loans (overdrafts, demand loans, mortgages, credit cards, leases and other) as well as by money issuer, money neutral and money holding sectors – and their sub-components. Private non-financial corporations are disaggregated by type of business. This information is based on supplementary schedules.

03Mar2020
Commercial Banks Provisional Loans and Advances

Tables B2C1 - B2C4, containing provisional loans and advances data, were updated to December...

09Oct2019
Commercial Banks Provisional Loans and Advances

Tables B2C1 - B2C4, containing provisional loans and advances data, were updated to August...

Other Commercial Bank Information

This section relates to any commercial bank information other than loans, deposits and investments. It includes commercial bank clearings information based on the Barbados Automated Clearing House Services Incorporated (BACHSI) - providing the number of “clearing days”, as well as the total value of transactions cleared.

26May2020
Commercial Banks’ Clearings April 2020

Tables B2H, containing commercial bank clearings information, was updated to April 2020

...
26Apr2020
Commercial Banks’ Clearings March 2020

Tables B2H, containing commercial bank clearings information, was updated to March 2020

...
26Mar2020
Commercial Banks’ Clearings February 2020 Tables B2H, containing commercial bank clearings information, was updated to February 2020...
09Mar2020
Commercial Banks’ Clearings January 2020 Tables B2H, containing commercial bank clearings information, was updated to January 2020...
20Feb2020
Commercial Banks’ Clearings December 2019

Tables B2H, containing commercial bank clearings information, was updated to December 2019

...
1 2
Copyright 2020 by Central Bank of Barbados