Central Bank of The Bahamas
E503488
The Central Bank of The Bahamas is the country's primary monetary authority, responsible for formulating monetary policy, regulating financial institutions, and maintaining the stability of the Bahamian financial system.
Statements (46)
| Predicate | Object |
|---|---|
| instanceOf | central bank ⓘ |
| abbreviation | CBOB NERFINISHED ⓘ |
| collaboratesWith |
Government of The Bahamas
NERFINISHED
ⓘ
Ministry of Finance of The Bahamas NERFINISHED ⓘ |
| continent | North America ⓘ |
| country | The Bahamas NERFINISHED ⓘ |
| currency | Bahamian dollar NERFINISHED ⓘ |
| established | 1974 ⓘ |
| governedBy | Central Bank of The Bahamas Act NERFINISHED ⓘ |
| hasOfficialWebsite | https://www.centralbankbahamas.com ⓘ |
| headquartersLocation | Nassau, The Bahamas NERFINISHED ⓘ |
| implements | exchange control policies in The Bahamas ⓘ |
| issues |
Bahamian dollar banknotes
ⓘ
Bahamian dollar coins ⓘ |
| jurisdiction | The Bahamas NERFINISHED ⓘ |
| legalForm | statutory corporation ⓘ |
| locatedIn |
Caribbean
ⓘ
New Providence NERFINISHED ⓘ |
| memberOf |
Caribbean Group of Banking Supervisors
NERFINISHED
ⓘ
regional and international financial organizations ⓘ |
| monetaryPolicyFramework | fixed exchange rate regime ⓘ |
| monetaryPolicyObjective |
price stability
ⓘ
stable exchange rate ⓘ |
| objective |
maintain confidence in the Bahamian financial system
ⓘ
support economic development of The Bahamas ⓘ |
| pegsCurrencyTo | United States dollar NERFINISHED ⓘ |
| primaryRole |
formulation of monetary policy
ⓘ
maintenance of financial stability ⓘ regulation of financial institutions ⓘ |
| publishes |
financial stability reports
ⓘ
monetary policy reports ⓘ statistical data on the Bahamian economy ⓘ |
| regulates |
Bahamian banking sector
ⓘ
Bahamian credit unions (in coordination with other authorities) ⓘ |
| regulatoryFunction |
enforcement of banking regulations
ⓘ
licensing of banks and trust companies ⓘ prudential supervision of financial institutions ⓘ |
| responsibility |
issue of banknotes and coins
ⓘ
management of foreign reserves ⓘ oversight of payment systems ⓘ promotion of a sound financial system ⓘ |
| sector | financial sector ⓘ |
| supervises |
commercial banks in The Bahamas
ⓘ
other licensed financial institutions in The Bahamas ⓘ trust companies in The Bahamas ⓘ |
| typeOfInstitution | public sector institution ⓘ |
Referenced by (3)
Full triples — surface form annotated when it differs from this entity's canonical label.