|
|
| Regional Awards for Excellence 2013: Central America and the Caribbean | |
|
Caribbean winners by country Bahamas Dominican Republic Jamaica Trinidad and Tobago |
|
 |
Bahamas |
|
The Bahamas is heavily dependent on tourism and offshore banking. The former experienced growth thanks to the recovery in the US, but the latter was affected by regulatory reform and continuing financial fallout from the eurozone. Commonwealth Bank was not exempt from the industry’s challenges, but still managed to deliver strong results while increasing capital reserves. The bank boosted its tier 1 capital: the ratios of capital to risk-adjusted assets were tier 1 capital 16.3% | |
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
