FICS announces the launch of CARED

Saturday, November 9, 2013

Anonymous said...: Interesting. That's the experience required in St. Lucia for the Head of an institution taking deposits and granting loans; in a finance company.

What the hell is going on. Shocking indeed. Management at a hotel can provide an individual with the expertise needed to manage a financial institution?

Bloody jokers. Where is the Ministry of Finance? Sleeping at the wheels yet again?; November 12, 2013 at 8:37 PM
Anonymous said...: That's why this country is going to the dogs. They won't put the most competent or most skilled and qualified; with the requisite experience; but they are hell bent in St. Lucia to playing games; with the country's well being. And put people in places only because of friendship.

At a time when the financial institutions including long standing banks are under tremendous pressure and stress; as a result of delinquent loans; you have such nonsense.

Is this individual skilled and experienced in bank lending; credit analysis and what is the current position of that credit portfolio that has now been moved out of the FICS. Are those loans in good form? What is really going on? Inquiring minds want to know. What about the deposits on the other side of the balance sheet. Transferred from FICS? And what about the capital?; November 13, 2013 at 5:51 PM