Friday, May 25, 2012

Recent Downgrade Of Cdb’s Rating, A Cause For Concern

5 comments:

Anonymous said...

Ok. The three recommendations are straight from the Moody's report of the deficiencies or the reverse of the problems faced by the bank. Good.

Anonymous said...

What is the position of the borrowing Members Debt?

Any loans classified as doubtful, substandard or loss?

What about CDB'S Loans to Member States so-called Development Banks.

What is the status of those loans?

What about CDB's Loans to the Private firms, like Hotels, What is the Status, in that area.

Were any loan loss provisions being made? If not, Why not?

Anonymous said...

Moody's did report on the issue of risk management. Are the risk management deficiencies related to a loss or departure of personnel or a lack of training?

Some of the downgrading issues were tied to the lending portfolio. What steps are being taken to strengthen this part of the bank's operations?

Anonymous said...

So what did you expect?

St Kitts with a debt/GDP ration of over 200% .

St. Lucia's Kenny Anthony borrowing over $1 billion from 1997.

Kenny packing the civil service with thousands of party hacks and administrators of one sort or another. Has the public service improved since then - you can forget that.

And the bitter days will get worst !

Anonymous said...

when you have your departments giving bogus figures what do you expect?