Alternative Platform To CarIFS Being Examined

Alternative Platform To CarIFS Being Examined

(Stock Photo) In the wake of the Barbados Bankers Association’s announcement of their decision to leave the local debit network – CarIFS – Government has a responsibility to ensure financial inclusion at the national level, including the micro and small business...
Barbados To Chair CFATF

Barbados To Chair CFATF

Government is set to take up the chairmanship of the Caribbean Financial Action Task Force (CFATF) from next month. Minister of Small Business, Entrepreneurship and Commerce, Dwight Sutherland, disclosed this last Saturday night while addressing the 60th Anniversary...
Credit Unions Urged To Maintain Standards

Credit Unions Urged To Maintain Standards

With the Financial Services Commission (FSC) currently conducting a comprehensive review of all FSC enabling legislation, to ensure a risk-based supervisory framework for the non-bank financial sector, credit unions are being urged to maintain established standards....
Sutherland All For Credit Union Bank

Sutherland All For Credit Union Bank

Minister of Small Business, Dwight Sutherland, will throw his support behind the establishment of a Credit Union Bank if it can offer a lower interest rate than the commercial banks, and push business on the island. He made this clear on Wednesday, as he addressed...
Credit Unions Must Be Repositioned

Credit Unions Must Be Repositioned

This island’s Minister of Finance, Christopher Sinckler, believes that as the credit union movement grows, it must be repositioned to undertake even higher levels of activity in the economy. Mr. Sinckler expressed this view over the weekend while delivering the...

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