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The Banker’s Top 30 Caribbean Banks 2023

The Caribbean economies expanded last year on the back of increased revenue in commodity-exporting countries. Most of the biggest lenders in the region improved metrics, such as assets and profits. Barbara Pianese reports.
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The Banker’s Top 30 Caribbean Banks 2023Healthy performance: Trinidad and Tobago’s First Citizens Bank was rated first for soundness

Economic growth in Caribbean economies averaged 10.3% at the end of last year following increased energy production in Guyana and Trinidad and Tobago, higher global oil prices and economic growth in countries dependent on tourism, according to the Caribbean Development Bank. 

The 10 biggest lenders in the region had a good year in 2022, with the majority increasing their Tier 1 capital base and profits. 

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Barbara Pianese is the Latin America editor at The Banker. She joined from Mergermarket, where she spent four years covering mergers and acquisitions across Europe with a focus on the consumer sector. She holds an MA in International and Diplomatic Affairs from the University of Bologna having studied in Brazil and France as well.
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