Breaking Down the Financial Stability Report 2015 - Credit Unions

Date: 2/25/2016
Author(s): Central Bank Of Barbados

Created 25 Feb, 2016
Categories Financial Stability Report General Press Release
Views: 3410

Credit Union Assets Increased in 2015

According to the Financial Stability Report, credit union assets rose by 7 percent in 2015 to reach $1.9 billion, due mostly to an increase in loans to members. One concern for the sector, however, is the level of non-performing loans, which stands at 8.9 percent, a figure that is higher than the FSC’s benchmark of 5 percent.

Financial Stability Report Podcast 4 - Credit Unions.mp3 (9.59 MB)
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