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Press Releases


07-Oct-2015

Second Caribbean Region Dialogue, Lima, Peru

The International Monetary Fund and the Central Bank of Trinidad and Tobago have signed a Memorandum of Understanding providing opportunities for officials from the Caribbean region to train at IMF Headquarters.

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05-Jun-2015

CBTT appoints Executive Chairman for Clico

Pursuant to its powers under Section 44(D) of the Central Bank Act, Central Bank terminated the appointments of Mr. Gerard Yetming as Chairman of CLICO and Ms.Carolyn John as Managing Director
of CLICO on Friday 5th June, 2015.

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03-Jun-2015

Statement on Payments to Former CLICO Directors and Officers

Under the terms of Government’s bailout of CLICO in 2009 and 2011, related parties which included directors and officers of CLICO were not to be paid with public funds, on the principle that these parties may have contributed to the financial collapse of the institution.

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01-May-2015

Central Bank Statement on Moody's Downgrade of Trinidad and Tobago

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02-Apr-2015

Central Bank Sells US$60 Million to Banking Systems

Demand for foreign exchange from the business community and public totalled some US$625
million in March 2015, while supply of foreign exchange, mainly from energy sector companies,
amounted to US$595 million.

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27-Mar-2015

Update on the Resolution of Colonial Life Insurance Company (Trinidad) Limited (CLICO) and British American Insurance Company (Trinidad) Limited (BAT)

By way of Legal Notices Nos. 32 and 33 of 2009, the Central Bank on February 13, 2009 assumed control of CLICO and BAT, respectively, pursuant to its special emergency powers under Section 44D of the Central Bank Act Ch. 79:02 (the Act).

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27-Mar-2015

Update on the Resolution of CLICO and BAT

By way of Legal Notices Nos. 32 and 33 of 2009, the Central Bank on February 13, 2009 assumed control of CLICO and BAT,respectively, pursuant to its special emergency powers under Section 44D of the Central Bank Act Ch. 79:02 (the Act).

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02-Mar-2015

CBTT's March 2015 Foreign Exchange Media Release

Demand for foreign exchange from the business community and public totalled US$592 million in
February 2015, while supply of foreign exchange, mainly from energy sector companies, amounted
to US$438 million.

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28-Jan-2015

Central Bank's Largest Monthly Foreign Exchange Sale Ever

Sales of US$400 million to the banking system in January 2015 amounted to the largest foreign
exchange intervention made by Central Bank in a single month to date.

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16-Jan-2015

Central Bank's First FX Sale

The Central Bank of Trinidad and Tobago sold US$200 million to authorized dealers yesterday in what was the Bank's first foreign exchange intervention for 2015.

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