In the following section on the Barbados Financial Services sector, you will find a wealth of information on topics such as Banking, Insurance, the Central Bank of Barbados, Regulations, the Barbados Stock Exchange, Mutual Funds, Loans, Equity and much more.
Barbados has made the most of the international expansion in offshore financial activities and has developed this sector accordingly - it is now the second major foreign exchange earner after tourism. Offshore banks, international business companies, captive insurace and foreign sales corporations are now important features of Barbados' financial lansdcape.
Adequate telecommunications infrastructure, a well-trained and English-speaking workforce, and a stable political environment give the country an additional advantage over other, similar destinations. Barbados has also done well from the increased scrutiny and regulation of financial services by international organizations such as the Organization of Economic Cooperation and Development (OECD).
One characteristic that makes the Barbados financial sector attractive to U.S. investors in particular, is the fixed exchange tied to the U.S. dollar. This fixed exchange, the island's proximity, which is aided by direct air routes, as well as its continued and strong development, have helped to direct North American capital into the country.
In this section, you will also find detailed financial articles written by industry professionals and a comprehensive list of key financial resources and websites.
|
