Barbados: Financial System Stability Assessment: Update, including Reports on the Observance of Standards and Codes on the following topics: Banking Supervision and Securities Regulation
IMF Staff Country Reports, February 20, 2009
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- Barbados: Financial System Stability Assessment: Update, including Reports on the Observance of Standards and Codes on the following topics: Banking Supervision and Securities Regulation
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Bibliographic details
- Published: February 20, 2009
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451806113.002
Summary and key findings
- The domestic banking sector appears sound and profitable and continues to dominate the financial system.
- The financial system has benefited from the strong economic expansion, which has:
- boosted credit demand, and
- contributed to a steady improvement in banks’ asset quality.
- Capital adequacy for locally incorporated banks remains above the minimum required.
- Profits remain at healthy levels.
Financial sector coverage and themes
- Subject: Banking, Credit bureaus, Financial institutions, Financial markets, Insurance, Insurance companies, Loans, Mortgages, Securities
- Keywords: asset quality, bank, bank assets, bank vulnerability, banking sector, Barbados, Caribbean, cash flow, CBB, company, CR, Credit bureaus, credit union, deposit, discount window, durable goods, Global, Insurance, Insurance companies, ISCR, Loans, market capitalization, On-shore bank, onshore bank, Securities, U.S. dollar