Caribbean
Trinidad
& Tobago
• In its Financial Stability Report
for December 2011, the Central Bank of Trinidad
& Tobago reported that the commercial
banking system in Trinidad and Tobago remained
stable, well capitalized and profitable, although
close monitoring needs to continue on the
quality of the loan portfolio and asset concentration.
o The ratio of non-performing loans (NPLs)
to gross loans rose to 7.5 per cent in September
2011 from 6.8 per cent at the end of 2010,
primarily reflecting weaknesses in the high-end
real estate market.
Figure
2: Tracking key Caribbean financial indicators
DISCLAIMER-
This document is for informational purposes
only. This information is based on the close
of the previous business day activity. The
information presented is from usually reliable
sources. CIBC FirstCaribbean has not independently
verified the facts, assumptions, and estimates
contained in this report. No representation
or warranty, express or implied, is made as
to, and no reliance should be placed on the
fairness, accuracy, or completeness of the
