Regional financial sector stability to be examined

Senior officers from commercial banks and non-bank financial institutions which operate within the Eastern Caribbean Currency Union (ECCU) and the wider Caribbean will take an in-depth look at financial sector stability when the 23rd Annual Conference with Commercial Banks convenes at the ECCB Headquarters, St Kitts and Nevis.

The conference will take place on November 8 and 9.

The Eastern Caribbean Central Bank (ECCB) has been hosting the Annual Conference with Commercial Banks since 1990.

In a release the bank said the conference serves as a forum for discussing issues which are critical to the development of the region’s financial and banking sector.
The theme of this year’s conference is: “Financial Stability: A Prerequisite for Growth”.

The discussions will focus on three sub-themes:
1.    Engendering growth within the ECCU: The role of commercial banks;
2.    Promoting effectiveness and efficiency in regulation and supervision; and
3.    A strong financial system: A prerequisite for sustainable growth in the ECCU?

Jide Lewis, Chief Economist of the Bank of Jamaica; Mr Mark Strang, Vice President, International Compliance and Operations Risk of the Bank of Nova Scotia, Canada; and Dr Gene Leon, International Monetary Fund (IMF) Senior Resident Representative to Jamaica will present the papers on the respective sub-themes.

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