03-Jun-2015
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.
Read More02-Apr-2015
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.
27-Mar-2015
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).
Read More27-Mar-2015
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).
Read More02-Mar-2015
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.
28-Jan-2015
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.
16-Jan-2015
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.
Read More09-Dec-2014
The Central Bank is assuring the public that information relating to all licensed financial
institutions it supervises is subject to strict secrecy and confidentiality provisions in accordance
with the Central Bank Act, Chapter 79:02.
07-Nov-2014
Central Bank has sold a total of US$325 million to the banking system since its programme of
strategic foreign exchange interventions for the final quarter of 2014 started five weeks ago.