The Regional Financial Stability Coordinating Council (FRSCC) is pleased to announce the release of the 2020 Regional Financial Stability Report. This edition of the Regional Financial Stability Report (RFSR) was produced in the midst of the COVID-19 pandemic. The economic, financial and social fallout from the pandemic and the policy responses to address the ongoing crisis have defined the efforts of the monetary and regulatory authorities to maintain financial stability in the Caribbean. The pandemic is still unfolding and continues to cause global economic and financial disruptions. The 2020 Report covers several areas that are required to comprehensively assess the stability of the financial system in the Caribbean.


The 2020 Regional Financial Stability Report can be accessed on the Caribbean Economic Research Team (CERT) website at https://cert-net.com.

The Bank of Guyana is pleased to launch a $2000 note to commemorate and celebrate the country’s 55th Independence Anniversary. Unfortunately, due to the pandemic, the note could not have been issued earlier. The note will circulate with the Bank’s other family of notes and will provide more efficient intermediation in the settling of transactions.

(a) The face side carries the Map of Guyana with its natural resources on the right, the Crest of the Bank is in the Centre and a Clear Complex Window with an image of a jaguar as well as the value of the note is on the left.

The words “BANK OF GUYANA” are printed above the Crest and “These notes are legal tender for payment of any amount” are printed below. The signatures of the Governor of the Bank of Guyana and the Vice President also appear below the Crest. The serial numbers are horizontal on the top right and vertical on the left.

The value ($2000) is imprinted at the top left and bottom right corners. Printed to the left of the Clear Complex Window is “55th Independence Anniversary” along with the slogan “One Guyana”.

(b) The reverse side of the note has the slogan “One Guyana” surrounded by the faces of children representing Guyana’s six ethnicities.

The words “BANK OF GUYANA” are printed in the top left corner. A Wai Wai pattern is on the left corner. A Secondary Window is at the right of the Wai Wai pattern. The National Motto is printed below the Wai Wai pattern and at the top right side. 

(c) The size of the note is 156 x 65mm.

(d) The note is multi-coloured.

 

Please see this page for more information on the notes

The Bank of Guyana issued a $100 circulation coin and a $10,000 commemorative coin in observance of Guyana's 55th Independence Anniversary on July 19, 2021. The coins were officially launched by Governor Dr Gobind Ganga.

The circulation coin which has a face value of $100 it is the second coloured coin to be issued by the Bank. The $10,000 commemorative coin is struck in 99.99 pure silver with selective gold plating and has a selling price of $18,000. The $100 coin was minted by the Royal Canadian Mint while the $10,000 coin was minted by Osborne Mint.


 The COVID-19 pandemic, while posing a global health risk, is also a serious financial threat to the financial sector.  In an effort to maintain its commitment to safeguarding and strengthening the resilience of the financial sector, the Bank of Guyana (BOG) and the Guyana Association of Bankers (GAB) has committed to and implemented a series of measures designed to minimise the economic impact of the COVID-19 pandemic on the entire financial system. The BOG at the inception of the pandemic had relaxed a few Supervisory Guidelines and commercial banks were encouraged to also assist with measures to alleviate the burden on borrowers.

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Guyana

Oil & Gas Virtual Summit

1-2 December 2020

 

Presentation by Dr Gobind Ganga, Governor Bank of Guyana.
 

Not so long ago Guyana was viewed as a beautiful country, full of potential, but lacklustre in growth. Today this is not so, she has attracted lots of interest from around the world and her potential is poised to being realised. This conference is indicative of that fact.

As Investors, many of you are not only seeking opportunities in the oil and gas sector, but also in other sectors. Let me say from the outset investment opportunities in Guyana are vast.

The Bank of Guyana as a major institution in Guyana has been working assiduously to ensure that Guyana’s economy remains strong, encourages investments and is willing and able to support the oil and gas sector within Government’s broader mandate.