Publication:
Financial Sector Assessment : Barbados

dc.contributor.authorWorld Bank
dc.contributor.authorInternational Monetary Fund
dc.date.accessioned2014-05-12T15:45:45Z
dc.date.available2014-05-12T15:45:45Z
dc.date.issued2014-03
dc.description.abstractThe financial system faces a weak economic outlook and a deteriorating fiscal position posing substantial macroeconomic risks. As a result, sovereign risk has increased while the fixed exchange rate further limits policy options. The financial system has sizeable sovereign risk exposures and non-performing loans are rising although high capital and liquidity buffers in combination with strong parent entities mitigate risks. Credit unions appear more vulnerable. Since the 2008 financial sector assessment program (FSAP), the regulatory and supervisory framework has improved across all sectors. Consolidated risk-based supervision was introduced in the banking sector along with a formalization of supervisory methodologies. The government has committed a major adjustment package aimed at stabilizing international reserves and consolidating the fiscal position. Even if planned policies are successful, Barbados will continue to face challenging growth prospects, driven by weakened tourism markets, including Canada, the United Kingdom, and the United States; increased competition from other offshore jurisdictions; and appreciation of the real effective exchange rate.en
dc.identifierhttp://documents.worldbank.org/curated/en/2014/03/19377348/barbados-financial-sector-assessment
dc.identifier.doi10.1596/18242
dc.identifier.urihttps://hdl.handle.net/10986/18242
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTING
dc.subjectASSET MANAGEMENT
dc.subjectASSET QUALITY
dc.subjectASSET RATIO
dc.subjectASSET VALUES
dc.subjectASSETS RATIOS
dc.subjectBALANCE SHEET
dc.subjectBANK CREDIT
dc.subjectBANK LENDING
dc.subjectBANK SUPERVISION
dc.subjectBANKING SECTOR
dc.subjectBANKING SYSTEM
dc.subjectBANKRUPTCY
dc.subjectBANKRUPTCY LAW
dc.subjectBID
dc.subjectBROKERAGE
dc.subjectBROKERS
dc.subjectCAPACITY BUILDING
dc.subjectCAPITAL ADEQUACY
dc.subjectCAPITAL MARKET
dc.subjectCAPITAL MARKET DEVELOPMENT
dc.subjectCAPITAL MARKETS
dc.subjectCAPITAL MARKETS DEVELOPMENT
dc.subjectCAPITAL REQUIREMENTS
dc.subjectCAPITALIZATION
dc.subjectCASH PAYMENT
dc.subjectCENTRAL BANK
dc.subjectCENTRAL SECURITIES DEPOSITORY
dc.subjectCHECKING ACCOUNTS
dc.subjectCOLLATERAL
dc.subjectCOLLATERAL REGISTRY
dc.subjectCOMMERCIAL BANK
dc.subjectCOMMERCIAL BANK LOANS
dc.subjectCOMMERCIAL BANKING
dc.subjectCOMMERCIAL BANKS
dc.subjectCONSUMER LOANS
dc.subjectCONSUMER PROTECTION
dc.subjectCORPORATE GOVERNANCE
dc.subjectCREDIBILITY
dc.subjectCREDIT CARDS
dc.subjectCREDIT GROWTH
dc.subjectCREDIT INFORMATION
dc.subjectCREDIT PROVISION
dc.subjectCREDIT QUALITY
dc.subjectCREDIT RATING
dc.subjectCREDIT RATINGS
dc.subjectCREDIT RISK
dc.subjectCREDIT STANDING
dc.subjectCREDIT UNION
dc.subjectCREDIT UNIONS
dc.subjectCREDITOR
dc.subjectCURRENT ACCOUNT DEFICIT
dc.subjectDEBT LEVELS
dc.subjectDEBT SECURITIES
dc.subjectDEBTOR
dc.subjectDEPOSIT
dc.subjectDEPOSIT INSURANCE
dc.subjectDEPOSIT TAKING INSTITUTION
dc.subjectDEPOSITORS
dc.subjectDEPOSITS
dc.subjectDISBURSEMENTS
dc.subjectENFORCEABILITY
dc.subjectENFORCEMENT POWERS
dc.subjectEQUITIES
dc.subjectEQUITY MARKET
dc.subjectEUROBOND
dc.subjectEXTERNAL DEBT
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL INFRASTRUCTURE
dc.subjectFINANCIAL INSTITUTION
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL STABILITY
dc.subjectFINANCIAL SUPPORT
dc.subjectFINANCIAL SYSTEM
dc.subjectFISCAL DEFICIT
dc.subjectFIXED EXCHANGE RATE
dc.subjectFIXED INCOME
dc.subjectFIXED INCOME MARKET
dc.subjectFORECLOSURE
dc.subjectFORECLOSURE PROCEDURES
dc.subjectFOREIGN BANKS
dc.subjectFOREIGN CURRENCY
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN EXCHANGE TRANSACTIONS
dc.subjectFOREIGN FINANCIAL INSTITUTIONS
dc.subjectGOVERNMENT BONDS
dc.subjectGOVERNMENT DEBT
dc.subjectGOVERNMENT DEBT SECURITIES
dc.subjectGOVERNMENT GUARANTEES
dc.subjectGOVERNMENT INVESTMENTS
dc.subjectGOVERNMENT SECURITIES
dc.subjectGOVERNMENT SECURITIES HOLDINGS
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectHOLDINGS OF GOVERNMENT SECURITIES
dc.subjectILLIQUID MARKET
dc.subjectINSIDER TRADING
dc.subjectINSTITUTIONAL INVESTOR
dc.subjectINSTITUTIONAL INVESTORS
dc.subjectINSURANCE
dc.subjectINSURANCE COMPANIES
dc.subjectINSURANCE CORPORATION
dc.subjectINSURANCE INDUSTRY
dc.subjectINSURANCE POLICIES
dc.subjectINSURANCE PREMIUMS
dc.subjectINTERNATIONAL BANKS
dc.subjectINTERNATIONAL INSURANCE
dc.subjectINVESTMENT ASSETS
dc.subjectINVESTMENT PORTFOLIOS
dc.subjectINVESTMENTS IN EQUITY
dc.subjectISSUANCE
dc.subjectLABOR MARKET
dc.subjectLEGAL FRAMEWORK
dc.subjectLEGAL PROTECTION
dc.subjectLEVEL OF RISK
dc.subjectLEVEL PLAYING FIELD
dc.subjectLIABILITY
dc.subjectLIFE INSURANCE
dc.subjectLIFE INSURANCE COMPANY
dc.subjectLIFE INSURANCE PRODUCTS
dc.subjectLINES OF CREDIT
dc.subjectLIQUID ASSETS
dc.subjectLIQUIDATION
dc.subjectLIQUIDITY
dc.subjectLIQUIDITY RATIOS
dc.subjectLOAN CLASSIFICATION
dc.subjectLOAN OFFICE
dc.subjectLOAN PORTFOLIOS
dc.subjectLOCAL CURRENCY
dc.subjectMACROECONOMIC CONDITIONS
dc.subjectMACROECONOMIC MANAGEMENT
dc.subjectMACROECONOMIC RISKS
dc.subjectMARKET CONDITIONS
dc.subjectMARKET PRICE
dc.subjectMARKET PRICES
dc.subjectMARKET RISK
dc.subjectMARKET RISKS
dc.subjectMARKET STRUCTURE
dc.subjectMATURITY
dc.subjectMATURITY MISMATCHES
dc.subjectMONETARY FUND
dc.subjectMONETARY POLICIES
dc.subjectMORAL HAZARD
dc.subjectMORAL SUASION
dc.subjectMORTGAGE
dc.subjectMORTGAGE FINANCE
dc.subjectMORTGAGE LOAN
dc.subjectMORTGAGE LOANS
dc.subjectMORTGAGES
dc.subjectMOVABLE ASSETS
dc.subjectMUTUAL FUND
dc.subjectMUTUAL FUNDS
dc.subjectNATIONAL BANK
dc.subjectNON-PERFORMING LOAN
dc.subjectNON-PERFORMING LOANS
dc.subjectNONPERFORMING LOANS
dc.subjectNPL
dc.subjectOFFSHORE BANKS
dc.subjectOLD-AGE PENSIONS
dc.subjectOPERATIONAL INDEPENDENCE
dc.subjectPENSION
dc.subjectPENSION FUNDS
dc.subjectPERSONAL LENDING
dc.subjectPERSONAL LOANS
dc.subjectPERSONAL MORTGAGE
dc.subjectPORTFOLIO
dc.subjectPORTFOLIO ALLOCATIONS
dc.subjectPORTFOLIO PERFORMANCE
dc.subjectPRIMARY MARKET
dc.subjectPRIVATE CAPITAL
dc.subjectPRIVATE CAPITAL INFLOWS
dc.subjectPRIVATE CREDIT
dc.subjectPRIVATE INVESTMENTS
dc.subjectPRIVATE PLACEMENT
dc.subjectPRUDENTIAL STANDARDS
dc.subjectPRUDENTIAL SUPERVISION
dc.subjectPUBLIC DEBT
dc.subjectREAL ESTATE LOANS
dc.subjectREGULATORY CONSTRAINTS
dc.subjectREGULATORY FRAMEWORK
dc.subjectREGULATORY STANDARDS
dc.subjectREPAYMENT
dc.subjectRESERVE
dc.subjectRESERVES
dc.subjectRETURN
dc.subjectRETURN ON ASSETS
dc.subjectRISK EXPOSURES
dc.subjectRISK MANAGEMENT
dc.subjectRISK PROFILE
dc.subjectSAFETY NET
dc.subjectSAFETY NETS
dc.subjectSECONDARY MARKET
dc.subjectSECONDARY MARKET ACTIVITY
dc.subjectSECURITIES
dc.subjectSECURITIES MARKETS
dc.subjectSEIZURE
dc.subjectSEIZURE PROCEDURE
dc.subjectSHARE OF GOVERNMENT SECURITIES
dc.subjectSHAREHOLDERS
dc.subjectSMALL BUSINESS
dc.subjectSOLVENCY
dc.subjectSOVEREIGN DEBT
dc.subjectSOVEREIGN RISK
dc.subjectSTOCK EXCHANGE
dc.subjectSUPERVISORY POWERS
dc.subjectT-BILL
dc.subjectTAX
dc.subjectTAX EXEMPTION
dc.subjectTAX INCENTIVES
dc.subjectTERRORISM
dc.subjectTRADING
dc.subjectTRANSACTION
dc.subjectTRANSPARENCY
dc.subjectTREASURY
dc.subjectTREASURY BILLS
dc.subjectUNDERWRITERS
dc.subjectVALUATION
dc.subjectVALUATION FRAMEWORK
dc.subjectVALUATION STANDARDS
dc.subjectVALUATIONS
dc.subjectVARIABLE RATES
dc.titleFinancial Sector Assessment : Barbadosen
dspace.entity.typePublication
okr.date.disclosure2014-04-15
okr.date.doiregistration2025-05-07T09:43:46.896188Z
okr.doctypeEconomic & Sector Work::Financial Sector Assessment Program (FSAP)
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2014/03/19377348/barbados-financial-sector-assessment
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.guid921621468205152349
okr.identifier.externaldocumentum000350881_20140411140630
okr.identifier.internaldocumentum19377348
okr.identifier.report86947
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/04/11/000350881_20140411140630/Rendered/PDF/869470BR0SECM2060Box385184B00OUO090.pdfen
okr.region.administrativeLatin America & Caribbean
okr.region.countryBarbados
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicBanks and Banking Reform
okr.topicPrivate Sector Development::Emerging Markets
okr.topicFinance and Financial Sector Development::Bankruptcy and Resolution of Financial Distress
okr.topicFinance and Financial Sector Development::Debt Markets
okr.unitFinancial Sector Assessment Prog (FFSFP)
okr.volume1 of 1
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