Caribbean lenders still face challenges to growth, as shown in The Banker's Top 50 Caricom Banks ranking for 2016, but many have turned the corner in terms of profits.
Americas
Latest articles from Cayman Islands
Economic troubles weigh on Caribbean banks
August 1, 2013Bank earnings across the Caribbean are down, as the region's lenders continue to struggle against a difficult economic backdrop. But there are still some bright spots, with a handful of banks managing to boost their asset base and retain impressive profitability.
Banks battle impact of Caribbean economic woes
August 1, 2012Growing public debt, falling GDP rates and rising unemployment are casting a shadow over the Caribbean region. Banks are responding by raising capital and many are still delivering good returns.
A captive audience
July 3, 2006The Cayman Islands are the world’s leading domicile for healthcare captive insurance companies and, with more than 700 such companies at the end of 2005, form the second largest offshore centre for captive insurance after Bermuda. The jurisdiction has experienced significant growth since the industry was created in the late 1970s.
Funds flourish
July 3, 2006The Cayman Islands leads in offshore hedge fund registrations. Now it must respond to changing investment strategies. James Eedes reports.
Safe haven for world’s wealth
July 3, 2006The number of banks in the Cayman Islands may have dropped after recent rationalisation but their combined assets are flourishing, writes James Eedes.
Regulation respite
July 3, 2006Having seen off threats from onshore regulators, the Cayman Islands is wary of the next onslaught. James Eedes reports.
Offshore, on target
July 3, 2006Boasting top institutional and physical infrastructures the Cayman Islands has grown to become the world’s fifth largest financial centre. James Eedes reports.
