June 13, 2024
Central Bank Governor John Rolle speaks during the Afreximbank’s 31st Annual Meeting at Baha Mar on June 12, 2024. Photo: Dante Carrer/Tribune Staff
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Iran war may ‘significantly erode’ Bahamian growth
The Central Bank yesterday warned The Bahamas’ 2026 economic growth prospects may “significantly erode” if the Middle East war becomes protracted although it reassured that this nation’s $2.898bn foreign currency reserves “provide a meaningful cushion” for increasingly expensive fuel imports.
Governor: Collateral register will boost business lending
The Central Bank’s governor says business lending and confidence will be boosted by legislation to create a regulatory framework that will enable “mobile assets” to be pledged as credit security.
Banks may face new rules on account fees
CENTRAL Bank governor John Rolle said one solution to high bank fees is to require banks to offer a basic banking account with regulated costs.
Rolle: Wages must grow to counter inflation
CENTRAL Bank governor John Rolle said wages must grow to counter inflation.



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