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During 2017, the Central Bank of Barbados was involved in numerous activities and initiatives, many economic in focus and others related to its public education, support for the arts and domestic outreach. This article, the second of a four part series, takes a look back at some of the Central Bank’s major happenings in the second quarter of the year. Read Part One here.
May 2 marked the 45th anniversary of the establishment of the Central Bank of Barbados, and the organisation celebrated with a number of events. The Bank hosted an Open Day during which members of the public could interact with staff, learn more about its operations, and tour some of the facilities.
The Bank also used to the occasion of its anniversary to hold a Charity 5K Fun Run and Walk in support of the Barbados Alzheimer’s Association.
The Bank’s Domestic Financial Institutions Conference was held in May. The annual industry conference included a presentation on the 2016 Financial Stability Report, as well as discussions on interest rates and cybercrime. Timothy Antoine, Governor of the Eastern Caribbean Central Bank, delivered the keynote address on the topic “Imperatives for Financial Sector Development in the Caribbean” at the conference.
In June, the Central Bank of Barbados continued its long-running sponsorship of the Crop Over Visual Arts Exhibition.
Speaking during the launch, Acting Governor Cleviston Haynes highlighted the role of art and artists in society, noting that “at a time when the debate about nationalism versus globalism is raging at home and abroad, we are appreciative of the use of your artistic energies to capture our imagination and awaken our consciousness about things that are truly Barbadian.”
During the ceremony, Cecil Webb, a local sculptor, copped the Governor’s Award for his piece “Rhythm and Wood”.
