Central Bank maintains 5% Repo Rate

The Central Bank has maintained the repo rate at five percent in its latest Monetary Policy Announcement. The repo rate is the rate at which a country’s central bank lends money to commercial banks...

October 01, 2018

One cent coins redeemable at Central Bank

While one cent coins are no longer legal tender and can no longer be exchanged at commercial banks, the coins can be redeemed indefinitely at the Central Bank. [related node_id='94799a59-...

July 03, 2018

BIGWU: What about the dismissed CIB workers?

The Banking, Insurance and General Workers’ Union (BIGWU) has expressed concern over what it describes as the “uncertain fate” of CLICO Investment Bank (CIB) workers. The Union said it has looked o...

August 08, 2017