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Bridgetown - Nov. 23, 2011 - On November 18, 2011, Standard & Poor's Ratings Services (S&P) affirmed its BBB-/A-3 local and foreign-currency sovereign credit ratings on Barbados.  However, the outlook has been revised to negative from stable. 



Miami -- Nov. 16, 2011-- The Inter-American Development Bank (IDB) released today the first regional survey about environmental, social and corporate governance sustainability of banks in Latin America and the Caribbean.


Kingston -- Nov. 9, 2011 - The Bank of Jamaica (BOJ) has released a discussion paper on institutional arrangements for safeguarding financial stability, which outlines proposed amendments to the BOJ Act to vest the bank with overall responsibility for financial stability, through a Financial Stability Committee.  

July 12, 2011 - Domestic economic conditions maintained a positive momentum over the review period, supported by steady gains in tourism output, foreign investments in tourism related construction activity and public sector capital projects.

St. John's -- June 23, 2011 -- Finance and Economy Minister the Honourable Harold Lovell has questioned the apparent subjectivity of the recent ranking of Antigua and Barbuda by the private business and financial publisher, Euromoney.

Port-of-Spain -- June 10, 2011 - The economic environment in which financial institutions in Trinidad and Tobago operated for most of 2010 and into early 2011 was relatively sluggish.

May 29, 2011 -- Measures to strengthen regional oversight of the Caribbean financial system were high on the agenda of a May 27 meeting of central bank Governors of Caricom countries,  Aruba and the Turks and Caicos Islands. The meeting agreed on arrangements to produce a Caribbean Financial Stability Report by December 2012, under a project financed in part by the Inter-American Development Bank and coordinated by the Caribbean Centre for Money and Finance.



March 18, 2011 -- Addressing economic challenges and enhancing regional trade and cross-border infrastructure will be the focus of the upcoming meeting of Finance Ministers of the Americas and the Caribbean on March 25-26 in Calgary, the Honourable Jim Flaherty, Minister of Finance, confirmed.

Basseterre -- Dec. 20, 2010 -- (CUOPM) – The European Investment Bank agreed to provide a US$ 8 million line of credit to the Development Bank of St. Kitts and Nevis to ensure continued availability of public and private sector finance during the financial crisis.


October 5, 2010 --The East Caribbean Financial Holding Limited (ECFH) of Saint Lucia, parent company of Bank of Saint Lucia Limited, has reached agreement with the Government of Saint Vincent and the Grenadines, sole shareholder of the National Commercial Bank (SVG) Limited on the privatization of the Bank.


July 8, 2010 -- The Eastern Caribbean Central Bank’s Annual Report for 2009/2010 has forecast a bleak economic outlook for St. Kitts and Nevis, and its fellow OECS member countries.

Hamilton, Bermuda--April 23, 2010 -- Bermuda yesterday signed a Double Taxation Agreement (DTA) with the Kingdom of Bahrain. This double taxation agreement marks the first full DTA signed by Bermuda.




April 12, 2010 -- TURKS AND CAICOS - His Excellency the Gov. Gordon Wetherell: As most people will now know, the Financial Services Commission (FSC) was yesterday granted an Order by the Supreme Court of the Turks and Caicos Islands, for the appointment of a provisional liquidator for the Turks and Caicos Islands Bank...

March 10, 2010 -- The Sixty-sixth meeting of the Monetary Council of the Eastern Caribbean Central Bank (ECCB) was held at the ECCB headquarters in St Kitts and Nevis on 5 March 2010 under the chairmanship of Dr the Honourable Denzil Douglas, Prime Minister and Minister of Finance, St Kitts and Nevis.

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