Nation e-Edition

NPL loans still an issue

NPL loans still an issue Anton Belgrave, assistant director of the research and economic analysis department of the Central Bank of Barbados. (Picture by Lennox Devonish.)

Wed, September 11, 2013 - 12:07 AM

Non-performing loans (NPL) on the books of commercial banks continue to be the major concern for regulators of the local financial services sector.

The sector remains stable and well capitalized but the ratio of NPLs climbed by one per cent to reach 13.8 per cent during the six-month period ended March 2013.

This is according to assistant director of the research and economic analysis department of the Central Bank of Barbados, Anton Belgrave, who delivered the mid-year update to the 2012 Financial Stability Report yesterday.

The report is produced annually by the bank and the Financial Services Commission. (NB)

Please read the full story in today’s MIDWEEK NATION, or in the eNATION edition.

  • Editor's Choice

Share your thoughts

Please sign in or register to post your comments.

Latest Videos

Quick Poll

Do you think the latest attempt to regulate the public service vehicle sector will be successful?

View Past Polls

Stay Connected to Your World

Join Your Friends & Our Community

Your Friends' Activity

Daily Cartoons

  • April 21, 2014 - 2014 04 21
  • Sunday, April 20, 2014 toon - 2014 04 20
  • 041914 pun de block - 2014 04 19