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The Banker’s Top 30 Caribbean Banks 2024

Solid increases in Tier 1 capital levels demonstrate the strength of the banks as the region enjoys increased tourism levels and GDP growth
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The Banker’s Top 30 Caribbean Banks 2024Image: Bloomberg Mercury

Caribbean countries have enjoyed a year of strong growth, boosted by surging tourism numbers following the Covid-19 pandemic. World Bank figures put the region’s real GDP growth at 8.3 per cent in 2023. 

The Caribbean Tourism Organisation reported a 14.3 per cent increase in the number of international visitors in 2023. Additionally, the overall numbers are now slightly above pre-pandemic levels, at 0.8 per cent more than 2019 figures. Countries including Jamaica and Puerto Rico are among those now seeing more visitors than in 2019. 

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Kimberley Long is the Asia editor at The Banker. She joined from Euromoney, where she spent four years as transaction services editor. She has a BA in English Language and Literature from the University of Liverpool, and an MA in Print Journalism from the University of Sheffield. Between degrees she spent a year teaching English in Japan as part of the JET Programme.
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