The Bank

Objectives

The Central Bank of Barbados was established in May 1972. The objectives of the bank are

• Monetary:
  To provide a stable monetary framework for the country's economic development.

• Economic & Financial:
  To assist in promoting sound economic development by arrangements for special financing of sugar and other industries, by providing credit insurance and guarantee facilities to businesses, and by supplying the Government and the public with current information and advice on the performance of the economy.

• Administrative:
  To create, through training and progressive personnel policies, a productive working environment and to develop the personalities and capacities of members of staff.

• Public Relations:
  To keep the public informed on economic activity in Barbados through regular publications and press releases and to raise the level of economic intelligence in the community.