I am so thrilled that it will finally be law in St Lucia that a Regularory body will be overseeing the credit unions. The culture of "abuse" will be ceased where the Credit Unions can lend depositors funds with impunity with no accountability. They will be made to account for the mounting loan delinquency in St Lucia and in the region.
2 comments:
Please elaborate on the differences in regulation that should exist for banks and credit unions.
Do you know how safe your money is?
I am so thrilled that it will finally be law in St Lucia that a Regularory body will be overseeing the credit unions. The culture of "abuse" will be ceased where the Credit Unions can lend depositors funds with impunity with no accountability. They will be made to account for the mounting loan delinquency in St Lucia and in the region.
Thank god!!!
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