The Bank of Guyana supervises Commercial Banks to help ensure that:

Your savings are protected and the risk of you not getting your money is minimized;

The banks have money to meet your withdrawals;

The banks have money to lend you;

The banks are being effectively managed by their board of directors and senior management;

The banks invest your money prudently so that they could earn adequate profits to pay you a reasonable return on your deposits;

The banks are financially sound and have reserves to meet unexpected loss;

Safe prudential and financial practices are applied by the bank;

The activities of the banks conform to applicable laws and guidelines;

The banking system (i.e. all the banks taken together) is safe and sound to facilitate continuous financial intermediation (i.e. deposit-taking and lending);

The country’s payment system (dealing with cash, cheques, debit cards, etc.) is working well.

Important: The information on this website does not constitute legal, financial or other professional advice but provides information for general reference purposes only. Every effort is made to ensure that the information given herein is of sound quality but no legal responsibility is accepted for any errors, omissions or misleading statements in the information, caused by negligence or otherwise.