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Dr. Alvin Hilaire
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The Central Bank of Trinidad and Tobago was established by an Act of Parliament on December 12, 1964. In particular, the Bank's main responsibilities are to issue and redeem currency; maintain monetary and financial stability; act as banker to the government as well as the commercial banks and protect the external value of the Trinidad and ...
In 1964, the Central Bank of Trinidad & Tobago was established by an Act of Parliament. Its main functions were outlined as follows: Issue and redeem currency. Act as the Government’s banker. Promote financial stability. Manage the exchange rate. Maintain monetary stability. 1970-1989.
Who owns the Central Bank of Trinidad and Tobago? The Central Bank’s entire share capital is held by the Government of Trinidad and Tobago. However, the Act of Parliament which established the Central Bank in 1964 gives the institution operational autonomy.
The Central Bank of Trinidad and Tobago is an independent public institution which has as its main role and function the promotion of monetary and financial stability in Trinidad and Tobago.
In an effort to save the three fledging banks in 1993 the Central Bank of Trinidad and Tobago merged the institutions under a new name: First Citizens Bank Ltd. With little faith in the stability of the organization however, many customers parted ways with the institution.
Aug 12, 2015 · The Central Bank of Trinidad and Tobago was established on December 12th, 1964 under an Act of Parliament after gaining political independence in 1962 from Great Britain. The Bank took over functions of the Eastern Caribbean Currency Authority in Trinidad and Tobago. Legislation was last revised in 1994. Governor.
Ground Floor. Central Bank of Trinidad and Tobago. St. Vincent Street. Port of Spain. Tel: (868) 621-2288 ext. 2151 or 2400. Opening times. The Museum is open to the public every week from Tuesday to Friday .
