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. 

Slowly but surely, the Caribbean is emerging from a long and painful recession. The president of the Caribbean Development Bank, Warren Smith, explains how diversifying the region's economy beyond tourism and establishing a renewable energy sector will help protect against future crises. 

The financial crisis hit the Caribbean hard, with the region only recently starting to recover. Now that the worst is over, the president of the Caribbean Development Bank is looking to build a more sustainable future, encouraging projects that minimise the effects of natural disasters and develop the region's renewable energy potential.

Trinidad and Tobago’s plans to develop an international finance centre hold great promise, but what hurdles does the country face to achieve its goal?

Awash with liquidity and riding on the back of the country's impressive economic growth, the picture looks healthy for Trinidad and Tobago's banks, with opportunities in SME financing and online banking set to maintain this momentum.

Trinidad and Tobago has much to do to improve its business climate in the non-energy sector, but the Caribbean country already has ambitious plans, which include developing its maritime economy.

With an average GDP per capita higher than any other country in Central and South America, Trinidad and Tobago has built its economic might on the back of its oil and gas resources. However, the Caribbean country is now looking to diversify its economy, and key to this is the establishment of an IFC.

Bank 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.

Trinidad and Tobago’s central bank governor discusses the population’s low financial literacy, movement in the country’s financial sector and the plans to stimulate the country’s stock exchange. 

Growing 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.