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Clico Investment Bank Books in a Mess
http://www.caribbeanpressreleases.com/articles/4733/1/Clico-Investment-Bank-Books-in-a-Mess/Page1.html
S Coward

 
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.