Central bank governor laments loan repayment delinquency rate

Mon, Jul 29th 2019, 08:22 AM

The rate of loan repayments delinquency in The Bahamas – despite a recent downward trend – is still beyond “terrifying” from an international perspective, Governor of the Central Bank of The Bahamas (CBOB) John Rolle said on Friday.

Rolle explained that the country’s nine percent delinquency rate is not “complimentary” and that he would like to see it at less than half its current rate.

Click here to read more at The Nassau Guardian

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