Clico Investment Bank Books in a Mess
http://www.caribbeanpressreleases.com/articles/4733/1/Clico-Investment-Bank-Books-in-a-Mess/Page1.html
By S Coward
Published on 08-Mar-09
Port-of-Spain -- March 8, 2009 -- Non-performing loans on the books of the state-impounded CL
Financial-owned Clico Investment Bank (CIB) could account for over 20
per cent, significantly more than the industry standard of two-to-three
per cent, sources close to the bank have disclosed.