Caribbean banks support CARICOM in regional integration efforts


CASTRIES, St Lucia — The Caribbean Association of Banks (CAB) has commended the Council for Finance and Planning (COFAP) for reaffirming the commitment towards the Caribbean Single Market and Economy and its significance for the regional financial sector, at the sixth special meeting of the Council on September 4, 2018, in Barbados.

The CAB views the resolution taken at this meeting as a step in the right direction to re-energize the regional integration commitment. The CAB said it is pleased to note that the Council has agreed to addressing the following areas that contribute to building capacity and efficiency within the financial services industry, as well as stimulate lending to productive sectors of the regional economies:

1. Enhancing the financial safety-net through…

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