Banking system expansion.The St Kitts-based Eastern Caribbean Central Bank The Eastern Caribbean Central Bank is the monetary authority of a group of six independent Caribbean nations namely:
ECCB Eastern Caribbean Central Bank ECCB Etobicoke Community Concert Band (Etobicoke, Ontario, Canada) ECCB Electronic Configuration Control Board (US Navy) ) on Oct. 17 reported a rapid expansion in deposits in the sub-regional banking system. "Consistent with the general buoyancy buoyancy (boi`ənsē, b  `yən–), upward force exerted by a fluid on any body immersed in it. Buoyant force can be explained in terms of Archimedes' principle. in economic
conditions, deposits grew by 11.8% to EC$15 billion over the year ended
June 2007 vs. an increase of 9.0% over the corresponding period of
2006," said the EECB EECB Executive Email Carpet Bomb at the end of the 60th Meeting of its Monetary
Council. Growth in the sub-regional economy was reportedly driven
largely by foreign direct investment inflows, expansions in construction
and agriculture and favorable performances in wholesale and retail
trade. The ECCB Business Outlook Survey also indicated generally strong
business confidence during the period.
|
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion