Tag: Business
Central Bank seizes control of Zeemoney
The Central Bank of Barbados has seized management and control of Zeemoney (Barbados) Limited, citing concerns over the company’s financial position and business practices.
The...
Growing risks threaten financial stability
Barbados’ financial system is stable but local regulators are warning that global risks have intensified, increasing the likelihood of adverse spillovers into the domestic...
IDB lauds fiscal progress, cites challenge
Inter-American Development Bank (IDB) economists believe Government will find it more difficult to achieve a fiscal target that is key to reducing the public...
Heat drives rush for ACs, fans
As Barbados braces for intense heat in August, retailers are reporting stronger demand for fans and air conditioning units from households and businesses.
Earlier this...
Fees fuel bank profits
Commercial banks are consistently making a large share of their profits from fees, including $152.6 million collected in 2025 from what they charged Barbadians.
After...
Central Bank urges financial institutions to address BiMPay issues
The Central Bank of Barbados is urging financial institutions to do more to fix the challenges, including the late payment of salaries and other...