Central Bank Governor John Rolle said yesterday that he is anticipating the external reserves will see a $500 million drawdown before the end of the year.
The Central Bank of The Bahamas’s Sand Dollar, the country’s digital currency, is steadily approaching $3 million in circulation and will launch a new wallet app soon.
With residential mortgages still experiencing lackluster approvals, Central Bank Governor John Rolle said it is expected the recent relaxation of mortgage lending requirements will have a positive impact over the
Falling just below a half billion dollars in transactions, 2023 was the most robust year in the investment currency market space, Central Bank Governor John Rolle said.
The Central Bank of The Bahamas is exploring ways to adopt the use of regulatory sandboxes to establish bespoke supervisory provisions in the financial services industry by the end of
The Central Bank will continue to push for exchange control reforms that improve the benefits the economy receives on capital transactions, Central Bank Governor John Rolle said yesterday as he
Fidelity Bank’s Exuma branch, in partnership with CashNGo, officially opened on Exuma on Friday, and Central Bank Governor John Rolle contended that while there is now a banking solution for
Though its consolidated net profits for the first half of 2023 were down compared to a year prior, Commonwealth Bank’s Executive Chairman William Sands said the bank had considerably less