By NEIL HARTNELL

Tribune Business Editor

BAHAMIAN commercial banks are looking towards the creation of a credit bureau to help curb "financial irresponsibility" in society, believing it could deter mortgage borrowers from defaulting on their home loans in favour of meeting consumer credit repayments.

Responding to a series of Tribune Business questions on behalf of the Clearing Banks Association (CBA), its chairman, Anwer Sunderji, also said the 1.9 per cent growth in bank credit extended to the private sector in 2011 did not reflect any improvement in the underlying Bahamian economy.

Noting that some Bahamian homeowners had exploited the difficulty commercial banks were having in ...

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