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The bank was founded in 1968 by the government of Trinidad and Tobago to replace the colonial-era Agricultural Credit Bank that preceded it. As of 2007, the bank claimed to have issued US$500 million, or 40,000 loans since its founding. Most of the source money for the bank came from the Inter American Development Bank (IADB) and the Caribbean ...
Trinidad and Tobago is one of the wealthiest and most developed nations in the Caribbean and is listed in the top 40 (2010 information) of the 70 High Income countries in the world. Its GNI per capita of US$20,070 [1] (2014 GNI at Atlas Method) is one of the highest in the Caribbean. [2]
The Central Bank of Trinidad and Tobago undertakes many functions in its day-to-day operations. 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 ...
The Trinidad and Tobago Securities and Exchange Commission (TTSEC) is the sole regulator of the securities industry in the Republic of Trinidad and Tobago. The commission came into being as a result of the proclamation of the Securities Industry Act in 1997. The commission's role is to foster the orderly development of the securities market.
Outlook: Stable. Foreign reserves. $6.75 billion (Jan 2022 est.) [16] All values, unless otherwise stated, are in US dollars. The economy of Trinidad and Tobago is the third wealthiest in the Caribbean and the fifth-richest by GDP (PPP) per capita in the Americas. [17] Trinidad and Tobago is recognised as a high-income economy by the World Bank.
Trinidad and Tobago, [a] officially the Republic of Trinidad and Tobago, is the southernmost island country in the Caribbean. Consisting of the main islands Trinidad and Tobago and numerous much smaller islands, it is situated 11 kilometres (6.8 miles) off the coast of northeastern Venezuela and 130 kilometres (81 miles) south of Grenada. [11]
The World Cup Finals is the most widely viewed sporting event in the world, with an estimated 715.1 million people watching the 2006 tournament final . Trinidad and Tobago have qualified for the final stages of the FIFA World Cup on one occasion, in 2006, when they qualified for the tournament in Germany, but were eliminated at the group stage. [1]
The counties of Trinidad and Tobago are historic administrative divisions of Trinidad and Tobago. Trinidad was divided into eight counties, and these counties were subdivided into wards. Tobago was administered as a ward of Saint David County. The counties are: Prior to reform of the system in the early 1990s these counties functioned as the ...