The Central Bank of The Bahamas was established June 1st, 1974 and marked the beginning of a new phase in monetary in The Bahamas. One of the banks major objectives is to safe guard the external value of the Bahamian dollar. It is fixed at a 1:1 parity with the United States Dollar. The responsibility for the administration of the Exchange Control Regulations is vested solely with the Central Bank of The Bahamas, which maintains the country's external reserves.
Today The Central Bank of The Bahamas continues to diligently pursue its mandate. Today the bank is made up of 4 main sections, Banking, Bank Supervision,. Exchange Control, and Research & Policy. If you are looking for a great local bank that cares about the community too, then The Central Bank of The Bahamas is the bank for you.
View Larger Map