The Central Bank of Barbados was established by the government of Barbados to advance the pace of economic development, and to control the production and distribution of money and credit for the country.
The Central Bank is also responsible for the formulation of monetary policy and the regulation of member banks.
The Central Bank is not a commercial bank and therefore does not offer banking services to the public.
We are responsible for promoting monetary stability and sound financial structure, fostering development of money and capital markets, channelling commercial bank credit into productive activities, fostering credit and exchange conditions, and sustaining the economic development of Barbados.