Tag: central bank of barbados
Instant payments system to be unveiled
Barbadians will soon be able to send and receive money within seconds, as the Central Bank of Barbados prepares to launch its national instant...
SOEs ‘on right path’
Government is still providing millions of dollars in assistance to state-owned enterprises (SOEs) but the successful implementation of SOE reform means that these state...
Tackling cyber risks
Financial institutions and their regulators are worried about the major cyber attacks they are facing, often times daily.
Cyber risk is one of the major...
Increase in mortgage loans
Financial institutions, especially commercial banks, are lending Barbadians more money to build homes and other properties, but regulators do not currently see this increased...
Greenidge backs instant payments
The Central Bank of Barbados is preparing to introduce an instant payments system.
Governor Dr Kevin Greenidge expects it will help to lower the cost...
Less reliance on cash
BARBADIANS are reducing their dependence on cash.
The Central Bank of Barbados says that based on the amount of currency in circulation, the public is...