Thursday, March 28, 2024

Green light

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THERE IS GOOD NEWS for businesses seeking to “go green”.
Financing could soon be available  to redevelop them as “green” entities, even if they have limited collateral to use to borrow what they need from lending institutions.  
Word of this came yesterday from president of the Barbados Chamber of Commerce and Industry (BCCI),  Lalu Vaswani.
He disclosed that the BCCI and the Central Bank of Barbados had been  in discussions to develop credit guarantees  for use as collateral provided they would  be mobilized for investing in renewal  energy purposes.
 

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