Concern about impact of excess liquidity on lending activity

Mon, Jul 29th 2019, 08:19 AM

The Central Bank of The Bahamas (CBOB) released its Financial Stability Report on Friday, which revealed no “pressing” risks to the financial stability of The Bahamas, though the report and Governor of CBOB John Rolle noted that excess liquidity in the banking system continues to pose the threat of commercial banks taking on risky lending activities in the medium-term.

As he addressed the media during the central bank’s quarterly economic briefing, Rolle said CBOB is interested in unwinding the excess liquidity in the system through controlled credit growth via the impending credit bureau.

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