LATEST NEWS
22-Dec-2022
Central Bank Exit from Emergency Control of British American Insurance Company (Trinidad) Ltd (BAT)
On December 22, 2022 the Central Bank relinquished emergency control over BAT. The Central Bank had exercised such control since 2009.
See link to the Gazette Notice No. 224 of 2022 regarding the exit of BAT here.
See link to Legal Notice No. 33 of 2009 whereby the Central Bank assumed emergency control of BAT here.
Read More12-Dec-2022
Treasury Bill No. 1695
Invest in Treasury Bills Today! Treasury Bills are government-guaranteed investment instruments that are available to individuals and institutions. You are invited to submit bids to the Central Bank of Trinidad and Tobago by 12:00 noon on the auction date for the upcoming issue.
Read More12-Dec-2022
Visual Summary - Monetary Policy Report November 2022
Domestically, economic activity continued its positive trajectory driven by an expansion in both energy and non-energy sector activity during the third quarter of 2022, according to Central Bank of Trinidad and Tobago estimates.
Read More12-Dec-2022
Treasury Bill No. 1696
Invest in Treasury Bills Today! Treasury Bills are government-guaranteed investment instruments that are available to individuals and institutions. You are invited to submit bids to the Central Bank of Trinidad and Tobago by 12:00 noon on the auction date for the upcoming issue.
Read More12-Dec-2022
Monetary Policy Report November 2022
The global economy continued to face headwinds in 2022. In particular, the Russia-Ukraine conflict, China’s decelerating growth momentum on account of intermittent COVID-19 restrictions along with elevated energy and food costs, drove inflation rates far higher than desired.
Read More01-Dec-2022
Central Bank Exit from Emergency Control of CLICO
On December 1, 2022 the Central Bank relinquished emergency control over Colonial Life Insurance Company (Trinidad) Ltd. (CLICO). The Central Bank had exercised such control since 2009.
See link to the Gazette Notice No. 1752 regarding the exit for CLICO.
See link to Legal Notice No. 32 2009 whereby the Central Bank assumed emergency control of CLICO.
A press conference was held on December 6, 2022 with Central Bank Governor, Dr. Alvin Hilaire and Executive Chairman of CLICO, Mrs. Claire Gomez-Miller to discuss the exit and its implications.
View the press conference via the Bank’s YouTube channel at https://youtu.be/z6u0Lfn1SyA or Facebook page at https://www.facebook.com/centralbanktt
Read More17-Nov-2022
CAF Presents Findings on Regional Integration
On November 15, 2022 the Corporación Andina de Fomento (CAF) presented a Report on Regional Integration in Latin America and the Caribbean at the Central Bank of Trinidad and Tobago’s Auditorium. At the event, CAF announced the opening of its regional headquarters for the Caribbean which will be located in Port-of-Spain. The event also featured a Panel Discussion at which Governor Hilaire outlined factors that energy-exporting nations such as Trinidad and Tobago should take into account as the world moves away from fossil fuels.
CAF is a development bank with 20 shareholder countries, including Trinidad and Tobago.
Click for the CAF Report and a video of the event.
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03-Nov-2022
Addressing Climate Change - The Central Bank of Trinidad and Tobago
At the CARICOM Governors Meeting held in The Bahamas on Thursday, November 3rd, 2022 – Governor Hilaire outlined the actions that the Central Bank of Trinidad and Tobago is taking to address climate change. These include improving energy efficiency at the Central Bank; collaboration with other central banks and international agencies to promote financial reforms globally; investment of Trinidad and Tobago’s international reserves in instruments that promote sustainability; and adapting supervision of the local financial sector.
Click here for the PowerPoint presentation.
Read More17-Oct-2022
CB Developments Series - Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development
The Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development released its Official Communiqué on October 11, 2022.
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