More Action Needed to Resolve Problem Loans in the Caribbean

2019-03-15T13:36:14-04:00October 31, 2017|

By Kimberly Beaton and Inci Otker

October 31, 2017

The global financial crisis has left high levels of problem loans in the Caribbean (image: William Potter/iStock by Getty Images).

The global financial crisis and subsequent economic recession saddled banks in the Caribbean with high levels of problem loans. The share of nonperforming loans to total loans more than tripled in many Caribbean countries from 2007 to 2016, and […]