Tag: central bank of barbados
Finance sector deposits at $16b
THERE HAS BEEN a near $393 million surge in deposits in the banking system since December.
The boost comes mainly from foreign currency inflows and...
Barbados records 2.6% economic growth in first quarter
Barbados maintained its economic growth momentum in the first quarter, with real gross domestic product expanding by an estimated 2.6 percent.
Central Bank of Barbados...
Instant payment system coming
The Central Bank of Barbados is taking a significant step in modernising the country’s payment infrastructure with the issuance of a Request for Proposal...
‘Fiscal benefits’ from debt swaps
The Central Bank of Barbados says debt-for-development swaps of the kind undertaken by Government can ease debt burdens and create fiscal space for growth.
That is...
Central Bank: Banknote on social media appears damaged, not fake
The Central Bank of Barbados says it is aware of images and videos circulating on social media purporting to show a counterfeit polymer Barbadian...
RBC Royal Bank to halt online fees and reimburse customers
RBC Royal Bank, the lone commercial bank that was charging customers for transactions done via the automated clearing house (ACH), will cease doing so...