Commercial banks in the region are providing less than robust financial backing for private investment and, by extension, contributing to the overall underperformance of business in the region.
At this week’s Carib-bean Exporters Collo-quium organized by the Caribbean Export Deve-lopment Agency (Carib Export) and held in Barbados, Carib Export Executive Director Pamela Coke-Hamilton charged that the lending policies of regional commercial banks had not, on the whole, been altogether helpful to the growth and expansion of the Caribbean business sector.
Apart from charging that commercial banks in the Caribbean tend not to ascribe value to an idea,