The Central Bank of the Bahamas published an update from the Bahamas Financial Stability Council’s second meeting of 2026, showing preliminary indications that the financial sector remained sound and that the risk outlook had not changed significantly since 2025. The main risks continued to come from external factors, including geopolitical developments that could affect inflation and interest rate trends, as well as cybersecurity and fraud risks. The Council also advanced work on surveillance and data. Its Data Working Group reported on data collection across financial sector regulators and identified areas for harmonisation against common financial stability indicators and regulatory reporting templates. Members agreed to continue engaging the Gaming Board for The Bahamas on links between gaming sector flows and the banking sector, strengthen analysis of real estate activity and its effects on investment, credit and labour markets, and explore better estimation of concentration risks in credit and funding exposures among domestic financial institutions. They also committed to building capacity to formally incorporate climate-related risk modelling into financial stability analysis and to continue engagement with non-bank financial institutions to improve data collection and supervisory oversight. The Council’s next meeting is scheduled for September 2026.
Central Bank of the Bahamas2026-06-18
Central Bank of the Bahamas says Financial Stability Council finds sector sound while widening scrutiny of gaming real estate and climate risks
The Central Bank of the Bahamas said the Bahamas Financial Stability Council’s latest review found the financial sector remained sound, with risks still centered on external shocks, cybersecurity and fraud. The Council also moved to deepen surveillance of gaming, real estate, concentration and climate-related risks, while pushing further data harmonisation and stronger oversight of non-bank financial institutions. The next meeting is scheduled for September 2026.