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3rd Floor, Furness House,
90 Independence Square,
Port of Spain, Trinidad and Tobago, W.I.
10 April 2018 |
Banking Industry Report 2018 The banking industry in the English-speaking Caribbean is a well-established industry, in which most of the commercial banks operate with a conservative business model in an improving regulatory environment. The region’s banking industry comprises a mix of both publicly and privately-owned banks as well as indigenous and/or foreign-owned institutions. These banks service a population of approximately 5.1 million persons. The industry is critically important to theregion with the ratio of Total Banking Sector Assets/GDP for the Fiscal Year averaging around 120%, with Barbados and the Eastern Caribbean Currency Union (ECCU) reporting ratios well above the average |
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