Central Bank of Barbados
The Central Bank of Barbados (CBB) is the national monetary authority and central bank responsible for providing advice to the Government of Barbados on banking and other financial and monetary matters. The Central Bank of Barbados, was established by Act of parliament on 2 May 1972. Prior to the establishment of CBB, 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.
CBB headquarters in Bridgetown | |
| Headquarters | Tom Adams Financial Centre, Spry Street, Bridgetown, Saint Michael |
|---|---|
| Coordinates | 13.098828°N 59.613030°W |
| Established | 1972 |
| Ownership | 100% state ownership |
| Governor | Kevin Greenidge |
| Central bank of | Barbados |
| Currency | Barbadian dollar BBD (ISO 4217) |
| Reserves | 470 million USD |
| Interest on reserves | 4.5% |
| Website | www |
The name of the Central Bank's building is the Tom Adams Financial Centre, which is a ten-storey building located on Spry Street in Bridgetown. As part of the complex, there is a 491-seat theatre/auditorium known as the Frank Collymore Hall. The building was constructed between 1982 and 1986 and it was opened September 18, 1986.
The Global Competitiveness Report for 2008–09 ranked the soundness of Barbados's commercial banks as 21st out of 134 global jurisdictions assessed.