Central Bank to Rein in “Excessive, Arbitrary” Bank Fees
Government Senator Dr. Shantal Munro-Knight says the amendments will give the Central Bank greater power to rein in what she believes are the sometimes arbitrary and excessive commercial bank fees. Dr. Munro-Knight, the Minister of State in the Office of the Prime Minister told the chamber that there is excess liquidity in the banking system […]
Alleged Bank Breach
The Barbados Bankers Association denies there’s any widespread data breach across the commercial banking sector but one of the new opposition Senators insists customers of at least one bank have had their accounts compromised and that she is one of the victims. Democratic Labour Party Senator, Tricia Watson, made the revelation as the Senate debated […]
No Need for Fear over CARICOM Free Movement says Abrahams
Barbados’ Minister of Home Affairs and Information, Wilfred Abrahams, does not believe that Barbados expanding the range of people being allowed to live and work freely here will threaten the jobs of locals or create any security risks. The House of Assembly yesterday amended the immigration laws to allow for a wider category of people […]
Bdos/TT/Guy Ferry Plan Progressing
Trinidadian officials are to visit Barbados in coming weeks as plans are being finalized for the launch of a ferry service between Barbados, Trinidad and Tobago and Guyana. The Trinidad and Tobago government has disclosed in a statement that a team of technical officials from that country will visit Guyana and Barbados to inspect port […]