By NEIL HARTNELL

Tribune Business Editor

Bahamian commercial banks want to see another "two to three months" similar to February 2011's $67.2 million loan arrears reduction to develop a "strong trend", Tribune Business was told yesterday, as total credit past due dropped to $1.131 billion.

Barry Malcolm, Scotiabank (Bahamas) managing director, commenting on Central Bank of the Bahamas data that showed the total percentage of past due loans had dropped from 19.1 per cent of total credit outstanding (some $6.461 billion) to 18.2 per cent, said the "welcome" drop had resulted from an improved economy and intensive work with borrowers to restructure loans.

"Cert ...

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