- Banking/ Finance
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.
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.
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.