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This paper presents key findings of the Financial System Stability Assessment for Barbados, including Reports on the Observance of Standards and Codes on Monetary and Financial Policy Transparency, Banking Supervision, Securities Regulation, Insurance Regulation, Corporate Governance, and Payment Systems. Systemic risks in the financial sector are generally contained, although the sector faces considerable challenges. Repercussions of the recent economic recession on the banking system are being felt, and profitability and asset quality are likely to be depressed in the near term.
Banks and Banking --- Finance: General --- Insurance --- Industries: Financial Services --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Insurance Companies --- Actuarial Studies --- Pension Funds --- Non-bank Financial Institutions --- Financial Instruments --- Institutional Investors --- General Financial Markets: Government Policy and Regulation --- Central Banks and Their Policies --- Banking --- Insurance & actuarial studies --- Finance --- Commercial banks --- Insurance companies --- Credit bureaus --- Central bank bills --- Central banks --- Financial institutions --- Real time gross settlement systems --- Financial markets --- Banks and banking --- Credit ratings --- Financial services industry --- Clearinghouses --- Barbados
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