Banking

Banks practising responsible lending

Commercial banks are not opposed to lending to small businesses, but they will not be doing so willy-nilly. That was…

3 months ago

New fees for some Scotiabank customers

Some Scotiabank business customers in Barbados are about to face new charges for some services, as the bank announces adjustments…

9 months ago

Workers at First Citizens Bank off the job

It’s not business usual at First Citizens’ banks across the island today. Approximately 75 per cent of the bank’s workers…

1 year ago

Faulty $50 and $100 notes in circulation

The Central Bank of Barbados today advised that a limited number of genuine $50 and $100 notes are in circulation…

2 years ago

NSRL costs Barbados in doing business report

Government’s controversial National Social Responsibility Levy (NSRL) has been identified as one of the main reasons for Barbados’ steep drop…

2 years ago

Commercial banks forced to hold more Govt paper

With commercial banks currently displaying a low appetite for such instruments, the Central Bank of Barbados today announced an increase…

2 years ago

Banker warns interest rates will remain near zero per cent

One senior banker is warning Barbadians that they will receive little to no interest on their savings for the foreseeable…

2 years ago

Free to borrow

Barbados now has access to over US$500 million in financing from the Latin American Development Bank (CAF) following a decision…

2 years ago

Shame on the bankers, cries Clarke

Chief Executive Officer of the Caribbean Credit Bureau (CCB) Grady Clarke has launched a verbal attack on the Barbados Bankers’…

2 years ago

RBC to close Six Roads branch

RBC Royal Bank is closing its Six Roads, St Philip branch, transferring the services to the Broad Street, Bridgetown branch. …

2 years ago

Credit bureau nearly a reality – bankers body

Barbadians could soon get to check their credit scores, with the Barbados Bankers’ Association (BBA) announcing that the long-awaited credit…

2 years ago

Stephen: Tax clearance issue must be addressed

Economist Jeremy Stephen is warning that if the commercial banks’ concern regarding the tax clearance certificate was not addressed as…

2 years ago

Won’t be bullied

Describing as “unfortunate and unwarranted”, the decision by commercial banks to suspend over 300 real estate-related transactions estimated at more…

2 years ago

Banks have a right to refuse slot machine cash – BBA

Commercial banks here are making it clear they will not risk their relationship with corresponding banks around the world to…

2 years ago

$200m holdup

Commercial banks have had to suspend over 300 real estate-related transactions estimated at $211 million due to a “lack of…

2 years ago

Central Bank tightens monetary policy

Come the middle of June commercial banks operating here will have to hold a higher percentage of Government bonds and…

3 years ago

Still down

The troubling foreign reserves situation has improved somewhat, but continues to hang precariously below the recommended 12 weeks of import…

3 years ago

2% growth

For the January to March period under review, the economy recorded growth of two per cent, led by vital tourism.…

3 years ago

Blackout ends

The media blackout instituted by former Governor of the Central Bank of Barbados Dr DeLisle Worrell has officially come to…

3 years ago