Financial system too dependent on commercial banks – Persuad

By Anesta Henry Barbados’ financial system is too dependent on commercial banks, unbalanced, narrow, and not good at mobilizing domestic savings for domestic investment, Professor Avinash Persuad said. The Prime Minister’s Special Envoy on Investment and Financial Services holds the view that a heavy dependence on the banks must change, if the economy is to grow, … Continue reading Financial system too dependent on commercial banks – Persuad