Multiple choice general knowledge

central national bank of Bermuda

  1. Bermuda Bank

  2. Bermuda Monetary Authority

  3. Bank of Bermuda

  4. National bank of Bermuda
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Bermuda's central monetary authority is the 'Bermuda Monetary Authority' (BMA), established in 1969. Unlike most countries, Bermuda uses a 'Monetary Authority' rather than a 'Central Bank' or 'National Bank'. The BMA regulates financial services and issues the Bermudian dollar.

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