Table 1
Cash Reserve Requirement & Stipulated Government Securities for Commercial Banks (Domestic % of Barbados dollar accounts; Foreign % of foreign currency deposits)
Table 2a Stipulations for Hire-Purchase Agreements, February 9, 1977
Table 2b Stipulations for Hire-Purchase Agreements - (Amendment) September 28, 1977
Table 2c Stipulations for Hire-Purchase Agreements - (Amendment) November 23, 1978
Table 2d Stipulations for Hire-Purchase Agreements - (Amendment) August 20, 1979
Table 2e Stipulations for Hire-Purchase Agreements - (Amendment) March 18, 1982
Table 2f Stipulations for Hire Purchase Agreements - (Amendment) March 18, 1982
Table 2g Stipulations for Hire-Purchase Agreements - (Amendment No. 1) May 22, 1986
Table 2h Stipulations for Hire-Purchase Agreements - (Amendment No. 2) November 21 1986
Stipulations for Hire-Purchase Agreements, February 9, 1977
Item |
Value $ |
Down payment % of value |
Period of repayment (months) |
Motor Cars (Non-commercial) |
Up to 13,500 |
25 |
36 |
" |
13,501 - 16,000 |
33.33 |
24 |
' |
16,001 & over |
50 |
12 |
Motor Cycles |
Up to 3,000 |
33.33 |
24 |
' |
3,001 & over |
40 |
18 |
Television Sets |
Up to 600 |
25 |
24 |
" |
601 - 1,000 |
33.33 |
18 |
" |
1,001 & over |
50 |
12 |
Stereo Equipment* |
Up to 250 |
10 |
18 |
" |
251 - 500 |
25 |
18 |
" |
501 - 1,000 |
33.33 |
12 |
" |
1,001 & over |
50 |
6 |
Refrigerators |
Up to 900 |
25 |
24 |
" |
901 - 1,500 |
33.33 |
18 |
" |
1,501 & over |
50 |
12 |
Freezers (Non-commercial) |
Up to 1,000 |
25 |
24 |
" |
1,001 - 1,500 |
33.33 |
18 |
" |
1,501 & over |
50 |
12 |
Stoves |
Up to 500 |
25 |
24 |
" |
501 - 1,000 |
33.33 |
18 |
" |
1,001 & over |
50 |
12 |
Washing Machine (incl. dish washers) |
Up to 1,000 |
25 |
24 |
" |
1,001 & over |
33.33 |
18 |
Water Heaters (excl. solar) |
Up to 500 |
25 |
12 |
" |
501 & over |
33.33 |
6 |
Cameras & Jewellery |
Any amount |
50 |
12 |
Stipulations for Hire-Purchase Agreements - (Amendment) September 28, 1977
Item |
Value $ |
Down payment % of value |
Period of repayment (months) |
Motor Cars (Non-commercial) |
Up to 13,500 |
33.33 |
24 |
" |
13,501 - 16,000 |
50 |
18 |
' |
16,001 & over |
50 |
12 |
Television Sets |
Up to 600 |
33.33 |
18 |
" |
601 - 1,000 |
50 |
12 |
" |
1,001 & over |
50 |
6 |
Stereo Equipment* |
Up to 250 |
25 |
18 |
" |
251 - 500 |
50 |
18 |
" |
501 - 1,000 |
50 |
12 |
" |
1,001 & over |
50 |
6 |
Refrigerators |
Up to 900 |
50 |
18 |
" |
900 - 1,500 |
50 |
12 |
" |
1,501 & over |
50 |
6 |
Freezers (Non-commercial) |
Up to 1,000 |
50 |
18 |
" |
1,001 - 1,500 |
50 |
12 |
" |
1,501 & over |
50 |
6 |
Stoves |
Up to 500 |
25 |
24 |
" |
501 - 1,000 |
33.33 |
18 |
" |
1,001 & over |
50 |
12 |
Washing Machine (incl. dish washers) |
Up to 1,000 |
50 |
12 |
" |
1,001 & over |
50 |
18 |
Stipulations for Hire-Purchase Agreements - (Amendment) November 23, 1978
Item |
Value $ |
Down payment % of value |
Period of repayment (months) |
Refrigerators |
Up to 1000 |
33.33 |
18 |
" |
1,001 - 1,700 |
50 |
12 |
" |
1,701 & over |
50 |
6 |
Stoves |
Up to 700 |
33.33 |
18 |
" |
701 - 1,000 |
50 |
12 |
" |
1,001 & over |
50 |
6 |
Water Heaters (excl. solar) |
Up to 500 |
33.33 |
12 |
" |
501 & over |
33.33 |
6 |
Stipulations for Hire-Purchase Agreements - (Amendment) August 20, 1979
Item |
Value $ |
Down payment % of value |
Period of repayment (months) |
Motor Cars (Non-commercial) |
Up to 20,000 |
33.33 |
24 |
" |
20,001 - 30,000 |
50 |
18 |
' |
30,000 & over |
50 |
12 |
Motor Cycles |
Up to 3,000 |
25 |
24 |
" |
3,001 & over |
40 |
18 |
Stipulations for Hire-Purchase Agreements - (Amendment) March 18, 1982
Item |
Value $ |
Down payment % of value |
Period of repayment (months) |
Motor Vehicles (2 tons & under) |
Up to 13,500 |
33.33 |
24 |
" |
13,501 - 20,000 |
50 |
18 |
' |
20,001 - 30,000 |
50 |
12 |
" |
30,001 & over |
100 |
- |
Motor Cycles |
Up to 3,000 |
33.33 |
18 |
" |
3,001 & over |
50 |
12 |
Stereo Equipment* |
Any amount |
50 |
6 |
Cameras & Jewellery |
Any amount |
50 |
9 |
Stipulations for Hire Purchase Agreements - (Amendment) March 18, 1982
Item |
Value $ |
Down payment % of value |
Period of repayment (months) |
Stereo Equipment Locally manufactured |
Up to 1,000 |
25 |
18 |
" |
1,001 & over |
50 |
12 |
Stereo Equipment Video Cassette Recorders-Imported |
Any Amount |
50 |
6 |
Stipulations for Hire-Purchase Agreements - (Amendment No. 1) May 22, 1986
Item |
Value $ |
Down payment % of value |
Period of repayment (months) |
Motor Vehicles (2 tons & under) |
Up to 16,100 |
33.33 |
21 |
" |
16,101 - 24,000 |
50 |
15 |
" |
24,001 - 36,000 |
50 |
12 |
" |
36,001 & over |
100 |
- |
Stipulations for Hire-Purchase Agreements - (Amendment No. 2) November 21 1986
Item |
Value $ |
Down payment % of value |
Period of repayment (months) |
Refrigerators |
Up to 1,000 |
20 |
18 |
" |
1,001 - 1,700 |
25 |
12 |
" |
1,701 & over |
50 |
6 |
Stoves |
Up to 700 |
15 |
24 |
" |
701 - 1,200 |
25 |
18 |
" |
1,201 & over |
33.33 |
12 |
Table 3 Central Bank Rates for Discounts and Advances (Percentages)
Table 4 Central Bank Ceiling on Treasury Bills
Table 5 Regulation of Interest Rates at Commercial Banks
Table 5 (Cont’d) Regulation of Interest Rates at Commercial Banks
Table 5 (Cont’d) Regulation For Finance Companies & Deposit Taking Companies
Table 5 (Cont’d) Regulation For Finance Companies & Deposit Taking Companies
Table 6 Mortgage Interest Rates (Percentages)
Table 7 Bank Branches and Agencies - Selected Years