Central Bank of Barbados

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The Central Bank of Barbados (CBB), is the central bank of Barbados.

The headquarters for the Central Bank is in the Tom Adams Financial Centre. Built in 1982-83^[1], it consists of a six-storey building located on Spry Street in Bridgetown. As part of the complex on the ground floor is the 491-seat theatre/auditorium known as the Frank Collymore Hall.

The Central Bank of Barbados, was established by an Act of parliament in May, 1972. Prior to the establishment of C.B.B. Barbados' monetary policies were governed through its membership in the Eastern Caribbean Currency Authority (ECCA). The Central Bank operates as the banknote issuing authority for Barbadian currency.

Contents 1 Mission statement 2 Governor 2.1 Past Central Bank Governors 3 Awards of the CBB 4 See also 5 External links

[edit] Mission statement

"The Mission of the Central Bank of Barbados is to foster a sound economic and financial environment which promotes the development of its stakeholders and encourages a culture of excellence and leadership."

At its inception the Central Bank of Barbados had certain objectives.

These were:

• Promoting monetary stability
• Promoting a sound financial structure
• Fostering development of the money and capital markets
• Channelling commercial bank credit into productive activities
• Fostering credit and exchange conditions conducive to the orderly and sustained economic development of Barbados.

[edit] Governor

The head of the Central Bank is the Governor, who is appointed by the Bank's Board of Directors. The current Governor of the Central Bank of Barbados is Dr. Marion Williams as of March 2005.

[edit] Past Central Bank Governors

• Sir Courtney Blackman
• Mr. Winston Cox
• Dr. Kurleigh King

[edit] Awards of the CBB

• The Frank Collymore Literary Endowment

[edit] See also

• Barbados
• Barbadian dollar
• Economy of Barbados
• Economy of North America

[edit] External links

• Central Bank of Barbados official site

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