Continuation CF meeting no. 02
March 4, 2021 @ 2:00 pm – 5:00 pm
Discussion on matters relating to the moratoriums given to individuals and businesses by the individual banking institutions, studies or analysis performed by CBCS to determine the viability of the commercial banks in their exercise to assist their clients by providing temporary relief in the form of a moratorium, discussions the CBCS has had with the Banker’s Association concerning the sustainability of the moratoriums granted thus far, and the reason(s) the debt service ratio of 37 percent is no longer allowed when granting loans (IS/206/2020-2021 dated November 27, 2020 and IS/229/2020-2021 dated December 7, 2020)
This meeting was requested by MP R. Brison, MP G.C. Pantophlet, MP C.T. Emmanuel
The Minister of Finance and representatives of CBCS will be in attendance.