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?
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.
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.
ReplyDeleteWhat is the position of the borrowing Members Debt?
ReplyDeleteAny 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?
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?
ReplyDeleteSome of the downgrading issues were tied to the lending portfolio. What steps are being taken to strengthen this part of the bank's operations?
So what did you expect?
ReplyDeleteSt 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 !
when you have your departments giving bogus figures what do you expect?
ReplyDelete